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50 000 000 Mark

Issuer Stadtgemeinde Meißen (City of Meißen, Saxony)
Year 1923
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Value 50 000 000 Marks (50 000 000)
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Obverse lettering № ✳
50 Millionen Mark
Gutschein der Stadtgemeinde Meißen
über
Fünfzig Millionen Mark
Gültig innerhalb der Stadt Meißen bis zum öffentlichen Aufruf.
Einlösung erfolgt bei allen städtischen Kassen.
Meißen, den 25. September 1923.
Der Stadtrat.
Reverse description The reverse is unprinted and shows the obverse text bleeding through the thin paper as a full mirror-image set-off, with the guilloche underprint faintly visible in pale tones against the plain cream stock. No additional design elements, vignettes, or inscriptions are present on this side.
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Comments

Meißen's 50-million-Mark emergency note belongs to the frenzied mid-1923 phase of German hyperinflation, when municipal and commercial bodies across the Reich were legally permitted — indeed expected — to print their own notgeld to fill the void left by a central currency depreciating faster than it could be replaced. By August and September 1923, denominations that would have been unthinkable a year earlier were routine. Fifty million marks would, within weeks of this note's issue date, represent pocket change.

Meißen had the obvious advantage of proximity to one of Germany's finest porcelain traditions, and local notgeld from this municipality tends to reflect that civic pride in its printing quality — though the economics driving it were anything but decorative.

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