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5 000 000 Mark

Issuer Magistrat der Stadt Genthin
Year 1923
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Value 5 000 000 Mark (5 000 000)
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Obverse description Off-white note printed in brown-red and green, with the municipal seal of the Genthin Magistrate positioned centrally. The text block carries the emergency money designation and conditions of validity, with the issuing authority's signature and a handwritten serial number below.
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Reverse lettering Fünf Millionen Mark Wir haben keine andre Rückendeckung als die dass wir Rücken an Rücken stehen Alfred Hans Kasurl
(Translation: Five Million Mark. We have no other backing than that we stand back to back. Alfred Hans Kasurl)
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Genthin is a small town in the Magdeburg district, and like hundreds of German municipalities in the summer and autumn of 1923, its Magistrat was forced into the currency-printing business by the complete breakdown of Reichsbank supply chains. At the hyperinflation peak, local authorities couldn't wait for centrally printed notes — denominations became obsolete faster than they could be shipped. Herm. Haack, a local printer with no particular banknote pedigree, produced this note entirely within the town.

Five million marks sounds extraordinary; by late 1923 it was bus fare.

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