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| 表面の説明 | Cream-toned Notgeld issue printed in black letterpress with a red ornamental initial and denomination vignette in the Gothic blackletter script throughout. The centre carries the denomination "Fünf Millionen Mark" in large red Gothic type with an elaborate decorative initial, beneath which the payment clause and issuing authority are set out in black. A serial number appears vertically along the left margin, with validity and redemption conditions printed in a side column at right. Three manuscript signatures of the Direktion appear along the lower edge above the full institutional title. |
|---|---|
| 表面の銘文 | ログイン して詳細を見る |
| 裏面の説明 | ログイン して詳細を見る |
| 裏面の銘文 | Fünf Millionen Mark |
| 署名 | ログイン して詳細を見る |
| 偽造防止技術 | ログイン して詳細を見る |
| 偽造防止の説明 | ログイン して詳細を見る |
| バリエーション | ログイン して詳細を見る |
| コメント |
The Landesbank der Provinz Westfalen issued this note during the catastrophic hyperinflation of 1923, when German regional and municipal authorities were legally permitted — and practically forced — to issue their own emergency currency, known as Notgeld, to meet payroll and basic commercial needs. By mid-1923, the Reichsbank simply could not print fast enough, and provincial banks stepped in to fill the gap.
Five million marks sounds extraordinary, but by autumn 1923 it barely covered a loaf of bread. The watermark is one of the few security concessions made at this denomination — by late in the crisis, many comparable emergency issues dispensed with such features entirely.