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5 000 000 Mark Krupp
| Issuer | Fried. Krupp Aktiengesellschaft, Essen |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 5 000 000 Mark (5 000 000) |
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| Composition | Log in to see details |
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| Obverse description | Brown-toned Notgeld printed on plain paper, dominated by a large central guilloche rosette underprint over which the denomination '5 MILLIONEN MARK' is set in bold letterpress type. A large numeral '5' appears at the left margin, while a secondary denomination cartouche at the right encloses '5 Millionen Mark.' within a concentric-line oval vignette. The issuer's name, place of issue, date of 14 August 1923, validity clause, and two manuscript signatures of the Direktorium are printed below the central text. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is entirely unprinted, presenting a plain cream-coloured paper surface with no vignette, text, or decorative elements of any kind. |
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| Comments |
Krupp's private notgeld issues of 1923 are among the more consequential emergency money of the hyperinflation period — not because the firm was unique in issuing it, but because of the scale. Fried. Krupp AG was one of the largest employers in Germany, and keeping its workforce paid in denominations that retained any purchasing power from one day to the next was an operational problem of considerable magnitude. By mid-1923, the Reichsmark was losing value faster than the Reichsdruckerei could supply notes, so major industrial firms were legally permitted to issue their own.
The 5,000,000 Mark denomination reflects a specific window of the collapse — late summer 1923, before the zeros climbed further still into the billions.