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5 000 000 Mark
| Issuer | Stadt Euskirchen (City of Euskirchen) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Stadt Euskirchen. Reihe F Gutschein über Fünf Millionen Mark Dieser Gutschein ist durch Hinterlegung von Reichsschatzanweisungen gedeckt. Er wird von den Banken, Sparkassen und öffentlichen Kassen der Stadt Euskirchen in Zahlung genommen. Der Schein verliert seine Gültigkeit 2 Wochen nach Aufruf durch ortsübliche Bekanntmachung. Euskirchen, 22. August 1923. Der Bürgermeister i.V. Jakob Esser Die Stadtkasse Druckerei Flach, Euskirchen |
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| Reverse lettering | Stadt Euskirchen. Fünf Millionen |
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| Comments |
Euskirchen was a small Rhenish town of no great financial importance, which makes its locally printed emergency currency worth a second look. By mid-1923 the Reichsbank simply could not supply denominations fast enough to keep pace with hyperinflation, forcing hundreds of municipalities to commission their own notgeld at whatever press happened to be nearby. Druckerei Flach was a local commercial printer — not a security printing house — and the results reflect that exactly.
Jakob Esser signed as deputy mayor ("i.V." indicating he stood in for the Bürgermeister), with the Stadtkasse countersigning to satisfy the dual-authorization requirement common to Prussian municipal finance law. Five million marks was a serious denomination in the spring of 1923; by autumn it would barely buy a newspaper.