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5 000 000 Mark

Issuer Bezirksverband der Amtshauptmannschaft Dresden-Altstadt
Year 1923
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Obverse description Blue and light green Notgeld voucher (Gutschein) printed in letterpress, divided into a left panel and a main right panel by a guilloche border. The left panel carries a circular blue stamp with the arms of Saxony (diagonal barry with a crown of rue) and the legend 'BEZIRKSVERBAND DER AMTSHAUPTMANNSCHAFT DRESDEN-A.', together with a serial number block reading 'REIHE A' and a note approval notice 'Zugelassen vom Reichsfinanzministerium'. The right panel bears the large denomination text 'FÜNF MILLIONEN' in bold display type, flanked above by the issuing authority title and below by a redemption clause, date 'Dresden-Altstadt, den 23. August 1923', and two manuscript signatures over the printed titles 'Amtshauptmann' and 'Kasseninspektor'.
Obverse lettering Gutschein des Bezirksverbandes der Amtshauptmannschaft Dresden-Altstadt
FÜNF
MILLIONEN
Mark zahlt der Bezirksverband der Amtshauptmannschaft Dresden-Altstadt gegen Rückgabe dieses Gutscheines. — Die Gültigkeit erlischt mit Ablauf der Frist, die bei Einziehung der Scheine für deren Einlösung öffentlich bekanntgemacht wird
Dresden-Altstadt, den 23. August 1923
Bezirksverband der Amtshauptmannschaft Dresden-Altstadt
Amtshauptmann
Kasseninspektor
Zugelassen vom Reichsfinanzministerium
REIHE A
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Comments

The Amtshauptmannschaft Dresden-Altstadt was one of hundreds of German district administrations that resorted to emergency currency — Notgeld — during the hyperinflation of 1923, when the Reichsbank simply could not print fast enough to meet demand. By the time five-million-mark denominations were necessary, the purchasing power of such a note was already evaporating within hours of issue. Local printers like Johannes Pässler in Dresden-Neustadt became de facto monetary infrastructure, turning over new denominations almost weekly.

The short lifespan of these notes in active use means heavily circulated survivors are rarer than uncirculated ones — most were rendered worthless before they wore out.

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