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50 000 000 Mark
| Issuer | Stadt Remscheid (City of Remscheid) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | SERIE B STADT REMSCHEID 50 Millionen Mark zahlen die städtischen Kassen in Remscheid dem Einlieferer dieses Scheines. Der Zeitpunkt der Einlösung wird in der Remscheider Zeitung bekannt gegeben. Remscheid, den 11. August 1923. Der Oberbürgermeister: |
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| Reverse lettering | STADT REMSCHEID 50 MILLIONEN MARK |
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| Comments |
Remscheid's 50-million Mark note dates from the most acute phase of the Weimar hyperinflation — by late summer 1923, municipal governments across the Rhineland and Westphalia were printing emergency Notgeld simply because the Reichsbank could not supply legal tender fast enough to meet payroll. Cities like Remscheid, a center of tool and cutlery manufacturing, had large industrial workforces requiring cash wages weekly, sometimes daily, as purchasing power collapsed between morning and afternoon.
Oberbürgermeister Trautmann's signature carries genuine administrative weight here — municipal signatories on Notgeld were legally accountable in ways that anonymous bank stamps were not.