Catalog
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| Issuer | Marktgemeinde Markt Oberdorf |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | GUTSCHEIN der Marktgemeinde Markt Oberdorf über Fünf Millionen Mark. Gültig in Markt Oberdorf, Kaufbeuren und Füssen sowie in den dazugehörigen Bezirken. Dieser Gutschein wird von der Gemeindekasse, der Bezirkssparkasse oder von den Banken in Markt Oberdorf eingelöst; er verliert seine Gültigkeit einen Monat nach Aufruf. Markt Oberdorf, den 4. September 1923. Gemeinderat: Mk. 5000000 |
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| Protection type | Watermark |
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| Comments |
Markt Oberdorf is a small market town in the Allgäu region of Bavaria, and like hundreds of German municipalities in 1923, it issued its own emergency currency — Notgeld — as the Reichsbank's hyperinflationary spiral made centrally issued notes functionally worthless within days of printing. A five-million mark denomination, staggering by any pre-war standard, was by mid-1923 barely sufficient for routine transactions. The watermarked paper suggests the Marktgemeinde was still sourcing reasonably quality stock, though that supply chain itself was under strain by the summer and autumn of that year.
Municipal issuers at this level rarely maintained formal printing records, so precise production figures are unknown.