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5 000 000 Mark Overprinted on 500 Mark

Issuer Stadthauptkasse Stralsund (City of Stralsund, Prussian province of Pomerania)
Year 1923
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Value 5 000 000 Marks (5 000 000)
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Obverse description Green guilloche underprint with ornamental scroll border and four square corner rosettes. Central oval vignette bears the overprinted denomination "5000000 Mark" in heavy letterpress type over the original text. An official circular violet municipal stamp appears at lower left, with two manuscript signatures below the issuing authority text.
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Reverse lettering Stralsund
Hansazeit um 1400
500 Mark
SICILLVM·CIVITATIS·S·RALESSYNDIS (city seal legend)
(Translation: Stralsund / Hanseatic period around 1400 / 500 marks / Seal of the city of Stralsund)
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Comments

Stralsund's municipal treasury issued this note during the hyperinflationary collapse of 1923, when denominations became obsolete almost as soon as they were printed. The solution — overprinting an existing 500 Mark note with a value ten thousand times higher — was purely practical, driven by the impossibility of keeping local print runs ahead of the currency's daily devaluation.

F. Rackow was a Stralsund-based printer, meaning the overprint was applied locally rather than sourced from one of the large specialist firms handling emergency currency for bigger municipalities. That local provenance makes the physical execution uneven compared to centrally produced Notgeld of the same period.

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