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5 000 000 Mark Reichsbahndirektion
| Issuer | Reichsbahndirektion Stuttgart |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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|---|---|
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| Reverse description | Plain salmon-pink reverse printed in dark brown, framed by a geometric octagonal border with a repeating circle-and-dash ornamental pattern. A lightly printed underprint vignette of the German Imperial Eagle occupies the centre of the field, overlaid by the bold Fraktur denomination inscription 'Fünf Millionen Mark'. The numeral '5000000' appears in each of the four corners outside the inner frame. |
| 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.