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5 000 000 Mark

Issuer Gemeinde Benrath (Municipality of Benrath, Prussian Province of Rhine)
Year 1923
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Value 5 000 000 Mark (5 000 000)
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Signature(s) Nelies (Bürgermeister of Benrath)
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Protection description Furchen (ribbed/laid lines watermark pattern in the paper)
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Comments

Benrath was a small municipality on the southern outskirts of Düsseldorf, and like hundreds of Rhineland communities in mid-1923, it was forced into issuing its own emergency currency as the Reichsmark collapsed under hyperinflation. By the time denominations reached the millions, municipal notgeld had become an administrative necessity rather than a local novelty — the central banking system simply could not print and distribute fast enough to keep pace with depreciation that was, at its peak, doubling prices within hours.

Greven & Bechtold in Cologne handled a substantial volume of Rhineland emergency issues during this period, which likely kept production costs low but turnaround tight. The watermarked paper is a minor distinction — many comparable municipal issues dispensed with security features entirely by this stage of the crisis.

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