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5 000 000 Mark

Issuer Stadt Plauen (City of Plauen)
Year 1923
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Composition Paper
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Reverse description Warm tan guilloche underprint covers the entire reverse, with an ornate central cartouche bearing the large denomination numeral '5'000'000' in bold dark blue letterpress, flanked above by 'Gutschein über' and below by 'Mark'. Identical counterfeit-warning texts in German are set in two columns to the left and right of the central vignette, threatening a minimum two-year prison sentence for forgery. A serial number in the format 'No 025816' is printed at the lower centre.
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Protection description Stripes and waves (Streifen und Wellenbänder)
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Comments

Plauen's municipal emergency currency from 1923 sits squarely within the Weimar hyperinflation peak, when local authorities across Germany were legally empowered — and practically forced — to issue their own Notgeld to keep commerce functioning as Reichsbank notes became worthless faster than they could be printed. By the time denominations reached seven figures, the five-million mark barely covered a loaf of bread.

The watermarked paper is notable for a local issue of this type — many Saxony municipal notes at this denomination level dispensed with security features entirely, treating the notes as effectively disposable given their near-instant obsolescence.

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