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5 000 000 Mark

Issuer Finanzdeputation Hamburg
Year 1923
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Value 5 000 000 Mark (5 000 000)
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Obverse description Olive-green letterpress emergency note (Aushilfsschein) with a dense guilloche border framing the entire face. Ornate cartouches at left and right each carry the numeral '5000000' in white relief against a foliate rosette underprint, while the denomination 'Fünf Millionen Mark' is set in bold Gothic blackletter across the centre. The issuing authority text, date of 28 August 1923, two manuscript countersignatures, and the circular seal of the Finanzdeputation Hamburg appear in the lower portion, with the printer's imprint of H. O. Persiehl at foot.
Obverse lettering Aushilfsschein der Freien und Hansestadt Hamburg
Fünf Millionen Mark
Dieser Aushilfsschein wird von allen hamburgischen staatlichen Kassen und den Banken in Hamburg in Zahlung genommen.
Hamburg, den 28. August 1923.
Die Finanzdeputation:
Die Hauptstaatskasse:
H. O. Persiehl, Hamburg.
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Comments

Hamburg's Finanzdeputation issued this note during the hyperinflationary collapse of 1923, when municipal and regional authorities across Germany were compelled to print their own emergency currency — Notgeld — because the Reichsbank simply could not produce legal tender fast enough to keep pace with depreciation. By mid-1923, five million marks was roughly the price of a streetcar ticket, and that figure itself would be obsolete within weeks.

H. O. Persiehl was a Hamburg-based commercial printer, not a security press, which is consistent with the speed-over-security approach that characterised much of this emergency production. The DeNG 7/8 reference places it within the documented Hamburg series, but survival rates for high-denomination 1923 Notgeld vary considerably — most circulated hard and briefly before redemption or abandonment.

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