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5 000 000 Mark
| Issuer | Stadthauptkasse Rathenow (City of Rathenow) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | The upper portion of the note is dominated by a large heraldic vignette in black and ochre, centred on a shield bearing an eagle, flanked by elaborate foliate and scrollwork ornaments in the Art Nouveau style. Below, the denomination "Fünf Millionen Mark" is rendered in bold Fraktur script against a green guilloche underprint, followed by the issuing authority text and the town name "Rathenow" in a decorative panel. The date, serial number, and a manuscript signature of the Magistrat appear in the lower register, with an invalidation clause at the foot within a decorative border. |
|---|---|
| Obverse lettering | Fünf Millionen Mark zahlt gegen diesen Schein an den Inhaber die Stadthauptkasse in Rathenow Rathenow, 2. September 1923 Der Magistrat No 003628 Ungültig 4 Wochen nach Aufruf in den amtlichen Blättern. WHL |
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| Comments |
Rathenow's 5,000,000 Mark Notgeld belongs to the hyperinflationary surge of mid-1923, when municipal treasuries across Germany were authorized to issue emergency paper because the Reichsbank could not print fast enough to meet demand. Stadthauptkasse issues — the city cashier's office rather than a savings bank or chamber of commerce — tend to reflect genuine local liquidity crises rather than the collectible-oriented series some towns produced for philatelic profit.
Carl Flemming & T. C. Wiskott operated out of Glogau, then firmly within German Silesia — the "Poland" designation in some catalog records reflects post-1945 borders, not the political geography of 1923.