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5 000 000 Mark

Issuer Stadt Warendorf (Magistrat / Stadt-Sparkasse)
Year 1923
Type Local banknote
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Obverse lettering 5 000 000
Fünf Millionen Mark
WARENDORF um 1550-1600.
Nummer
zahlt die Stadt Warendorf gegen diesen Schein spätestens am Verfalltage
den 1. Oktober 1923
Warendorf, 13. Aug. 1923. Der Magistrat / Die Stadt-Sparkasse
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Protection type Embossed seal
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Comments

Warendorf's five-million Mark note belongs to the frantic middle phase of the 1923 German hyperinflation, when municipal and savings bank authorities across Westphalia were printing emergency Notgeld simply to meet weekly payrolls. By the time a note of this denomination reached circulation, its purchasing power was already eroding by the hour — five million marks in mid-1923 could buy roughly what a few hundred marks had bought a year earlier.

The embossed seal was the Stadt-Sparkasse's primary authentication device, reflecting the near-total absence of sophisticated security infrastructure at the local level. Printed in-house at Warendorf rather than contracted to a specialist firm, the production quality is accordingly modest.

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