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5 000 000 Mark Landesbank der Rheinprovinz
| Issuer | Landesbank der Rheinprovinz |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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|---|---|
| Obverse lettering | LANDESBANK DER RHEINPROVINZ FÜNF MILLIONEN MARK zahlt die Landesbank der Rheinprovinz dem Vorz eiger. Der Zeitpunkt der Einlösung wird öffentlich bekanntgemacht. Düsseldorf, den 1. September 1923 Landesbank der Rheinprovinz General-Direktion |
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| Reverse lettering | LANDESBANK DER RHEINPROVINZ LANDESBANK DER RHEINPROVINZ 5,000,000 MARK SIEGEL DER RHEINPROVINZ |
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| Comments |
The Landesbank der Rheinprovinz was one of dozens of regional German institutions that issued notgeld during the hyperinflation of 1923, when the Reichsbank could not print fast enough to keep pace with collapsing purchasing power. By the time five-million-mark denominations entered circulation that summer, they were already functionally inadequate within days of issue — the inflation rate was doubling prices faster than new notes could reach the public.
Printed locally in Düsseldorf, this issue avoided the logistical bottlenecks that plagued centrally printed emergency currency during that period. The Rhineland's partial occupation by French and Belgian forces since 1921 added a layer of administrative complexity to any financial operations conducted from the region.