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50 000 000 Mark

Issuer Kreisgemeinde Pfalz (District of Palatinate)
Year 1923
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Value 50 000 000 Mark (50 000 000)
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Obverse lettering NOTGELD KREISGEMEINDE PFALZ
50
Fünfzig Millionen
MARK
Für diesen Notgeldschein haftet das gesamte Vermögen der Kreisgemeinde. Derselbe wird von sämtlichen Kassen der Reichsbank in Zahlung genommen.
Dieser Notgeldschein wird ungültig wenn er nicht innerhalb eines Monats nach erfolgter Bekanntmachung bei den veröffentlichten Einzugsstellen eingereicht wird.
Speyer a. Rh., den 1. Oktober 1923
Kreisgemeinde Pfalz
Umlaufsfähig im ganzen Regierungsbezirk Pfalz. Gültig bis zum 1. April 1924.
B
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Reverse lettering NOTGELD KREISGEMEINDE PFALZ
50
50
FÜNFZIG MILLIONEN MARK
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Comments

The Palatinate district was under French military occupation in 1923 when German hyperinflation peaked, which created an unusual administrative wrinkle: local authorities were issuing notgeld denominated in astronomical sums while simultaneously dealing with occupation currency controls. This note is part of that emergency municipal paper flood — denominations escalating weekly as the mark collapsed faster than new notes could be designed and printed.

Speyer-printed issues from the Kreisgemeinde Pfalz are regionally specific and generally saw shorter circulation windows than equivalent notgeld from unoccupied zones, as French authorities periodically disrupted or invalidated locally issued emergency currency.

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