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5 000 000 Mark Reichsbahndirektion
| Issuer | Reichsbahndirektion Stuttgart |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | Reichsbahndirektion Stuttgart. Gutschein über 5000000 Reihe 2 Fünf Millionen Mark Dieser Gutschein wird von der Eisenbahnhauptkasse Stuttgart eingelöst, im Wege der Verrechnung sofort, in bar nach Behebung der gegenwärtigen Bargeldknappheit. Der Zeitpunkt der Bareinlösung wird im Staats-Anzeiger für Württemberg und durch Anschlag auf den Bahnhöfen bekanntgegeben werden. Stuttgart, den 18. August 1923. Präsident: |
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| Reverse lettering | 5000000 Fünf Millionen Mark |
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| Comments |
The Reichsbahndirektion Stuttgart was one of several regional railway directorates that issued emergency currency — Notgeld — during the hyperinflationary collapse of 1923. German state railways operated with enough institutional weight to have their scrip accepted locally, and Stuttgart's directorate produced notes in the millions-of-marks range as the Reichsmark's purchasing power evaporated week by week. By August and September of that year, five million marks would not have covered a tram fare.
Railway-issued Notgeld is somewhat less documented than municipal issues, and the Stuttgart directorate series attracts specialist attention precisely because of the institutional rather than civic origin of the obligation.