5 000 000 Mark

During the hyperinflation of 1923, German regional and municipal authorities — Bezirksverbände, Landkreise, even individual firms — were legally authorized to issue emergency currency (Notgeld) when the Reichsbank simply could not produce denominations fast enough to keep pace with price collapse. The Amtshauptmannschaft Chemnitz-Land was a rural administrative district surrounding, but distinct from, the city of Chemnitz, and its note-issuing body required two signatories: the Amtshauptmann Jungnickel, the senior state-appointed official, and Schneider as chairman of the elected Bezirkstag.

Rats-Druckerei R. Dulce in Glauchau was a regional commercial printer, not a security press — which was entirely normal by mid-1923, when specialist banknote printers were overwhelmed with orders from hundreds of simultaneous issuers.