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5 000 000 Mark

Issuer Provinz Schleswig-Holstein (Landeshauptkasse, Kiel)
Year 1923
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Value 5 000 000 Mark (5 000 000)
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Obverse lettering Provinz Schleswig-Holstein
5 000 000 Mrk
zahlt die Landeshauptkasse in Kiel gegen diesen Gutschein dem Einlieferer
Dieser Gutschein verliert einen Monat nach erfolgter Aufforderung zur Einlösung seine Gültigkeit · Kiel 1. Sept. 1923
Der Provincialausschuß · Der Landeshauptmann
Reverse description The reverse, printed in red and blue on cream paper and oriented horizontally, centres on a folk-art vignette in the manner of the German Notgeld period: a costumed male and female figure stand face to face within a rectangular frame, with smaller genre vignettes of medieval or folkloric scenes occupying each corner. The denomination 'Fünf Millionen Mk' is restated in large black Gothic lettering to the right of the central vignette, and a partially legible underprint inscription runs across the central field. The printer's imprint 'Hartung & Co., Hamburg' appears in small type at the bottom of the vignette panel.
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Schleswig-Holstein's provincial treasury issued this note during the peak inflationary spiral of August–November 1923, when municipal and regional authorities across Germany were authorized to print their own emergency currency — Notgeld — simply to keep commerce moving. The Landeshauptkasse in Kiel could not wait for Reichsbank deliveries; local procurement from Hartung & Co. in Hamburg was the practical solution.

Five million marks sounds staggering until you recall that by October 1923, a single loaf of bread in northern Germany cost several billion. This denomination was already obsolete almost the moment it printed.

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