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| 正面描述 | The left third of the note is printed on a yellow-ochre underprint ground, carrying a heraldic shield vignette in black letterpress depicting a seated armoured smith at an anvil, the municipal arms of Markt Oberdorf. The denomination "Fünf Millionen Mark." is set in large bold blackletter type at centre, above two lines of italic text specifying the note's validity in Markt Oberdorf, Kaufbeuren and Füssen and their surrounding districts. Below, a block of roman text describes redemption conditions through the Gemeindekasse, Bezirkssparkasse or local banks, with validity expiring one month after recall. The date "Markt Oberdorf, den 4. September 1923" and the numeral "Mk. 5000000" appear at lower left, while a circular violet official stamp of the Marktgemeinde Markt Oberdorf and a manuscript signature under the heading "Gemeinderat:" occupy the lower right. |
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| 防伪类型 | Watermark |
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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.