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5 000 000 Mark

Issuer Bezirks-Sparkassa Traunstein
Year 1923
Type Local banknote
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Reverse description The reverse is printed in a two-colour scheme with a beige guilloche lattice border and decorative scroll cornerpieces framing the central field, with a pale green band across the top. A serial number appears in the upper right corner. The denomination 'GUTSCHEIN / FÜNF MILLIONEN / MARK' is set in large capital letters against the underprint, flanked by small leaf ornaments, with a three-line redemption clause in smaller Roman type below; a partial violet official stamp is visible at the bottom centre.
Reverse lettering GUTSCHEIN
FÜNF MILLIONEN
MARK
Für die Einlösung haftet die Bezirksgemeinde Traunstein mit ihrem vollen Vermögen. Einlösung spätestens 4 Wochen nach ergangenem Aufruf in den Tagesblättern des Bezirks.
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Bezirks-Sparkassa Traunstein was one of hundreds of German district savings banks that issued their own emergency currency — Notgeld — during the hyperinflation crisis of 1923, when the Reichsmark collapsed so completely that local institutions had no practical alternative. By mid-1923, denominations that would have seemed absurd eighteen months earlier were already insufficient for routine transactions. A five-million-mark note from a Bavarian district bank was genuinely functional currency, not a novelty.

Printed locally by Leopoldseder rather than sent to an overloaded national printer, the production turnaround mattered more than print quality.

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