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5 000 000 Mark

Issuer Stadt Stuttgart (Württembergische Landeshauptstadt)
Year 1923
Type Local banknote
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Obverse description Typeset Stadtkassenschein printed in black on cream paper with a green underprint consisting of a large numeral '5' and the word 'MILLIONEN' in bold letterpress across the centre field. The issuer's title in Gothic blackletter script occupies the upper portion, with the denomination 'Fünf Millionen Mark' set in ornate Gothic type below. A circular municipal seal of Stuttgart bearing the rampant horse device is centred at the foot, flanked by two manuscript signatures above the printed titles 'Oberbürgermeister' and 'Stadtpfleger', with the date 'Stuttgart, 1. August 1923' and a red serial number to the right.
Obverse lettering Württembergische Landes Hauptstadt Stuttgart
Stadtkassenschein
Fünf Millionen Mark
zahlt die Stadtpflege in Stuttgart dem Einlieferer dieses Kassenscheins
Stuttgart, 1. August 1923
Nachahmung oder Fälschung strafbar.
Oberbürgermeister:
Stadtpfleger:
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Comments

Stuttgart issued this note during the acute phase of the 1923 hyperinflation, when municipal authorities across Germany were printing Notgeld simply to keep commerce moving — the Reichsbank could not produce denominations fast enough to match the collapsing purchasing power of the mark. By August 1923, five million marks would buy roughly a loaf of bread; by November, that figure had moved to billions.

Municipal Stuttgart issues from this period are generally well-documented, but survivorship among the high-denomination Notgeld is uneven — many were redeemed quickly and pulped.

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