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5 000 000 Mark
| Issuer | Stadt- und Landkreis Gelsenkirchen |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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| Obverse description | Notgeld issue of 21 July 1923, printed in black on a pale ground with a dark red guilloche border and large denomination numerals "5000000" in red along both vertical margins. The central text, set in blackletter typeface, states the denomination "Fünf Millionen Mk." over a lightly printed municipal coat of arms watermark-style underprint; the upper portion carries the series designation "Reihe A" and a sequential serial number. Two circular official seals — one for the Stadt Gelsenkirchen and one for the Landkreis Gelsenkirchen — are impressed in the lower corners, flanking the dual-authority signature lines for the Oberbürgermeister and the Kreisdeputierter. |
|---|---|
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| Reverse lettering | Stadt- und Landkreis Gelsenkirchen Dieser Schein wird bei allen Kassen der ausgebenden Behörden eingelöst. Er wird ungültig mit Ablauf der durch amtlichen Aufruf zu bestimmenden Frist. 5000000 |
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| Comments |
Gelsenkirchen's municipal emergency money from the hyperinflation peak of 1923 — a Notgeld issue denominated in millions, which tells you everything about where the Reichsmark stood that autumn. Stadt- und Landkreis Gelsenkirchen, like hundreds of German municipalities, was forced to print its own circulating paper because the Reichsbank simply could not produce currency fast enough to keep pace with collapsing purchasing power.
Municipal issues at this denomination were typically short-lived in circulation, rendered worthless within weeks of printing by further inflation. The Rentenmark stabilization in November 1923 ended the need for them entirely.