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50 000 000 Mark
| Issuer | Stadtverwaltung Kaiserslautern (City Administration of Kaiserslautern) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Den Tag der Einlösung wird in den hiesigen Zeitungen bekannt gegeben Kaiserslautern, den 10. September 1923 Notgeld der Stadt Kaiserslautern Fünfzig Millionen Mark Stadtverwaltung~ Stadthauptkasse ~ BÜRGERMEISTER FINANZRAT (Translation: top & bottom margins: The day of redemption will be made known in the local newspapers. Kaiserslautern, the 10th of September 1923. Fifty Million Marks top & bottom zigzag ribbon: City of Kaiserslautern Notgeld across the center: Fifty Million Marks City Administration City Main Bank Mayor Senior Financial Officer) |
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| Reverse lettering | Fünfzig Millionen Mark NOTGELD DER STADT KAISERSLAUTERN (Translation: Fifty Million Marks City of Kaiserslautern Notgeld) |
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| Comments |
Kaiserslautern was one of hundreds of German municipalities forced into emergency currency production during the hyperinflation of 1923, when the Reichsbank could not print fast enough to keep pace with collapsing purchasing power. By the time 50-million-mark denominations were being issued at the local level, the figure represented little more than a few days' wages — sometimes less.
The watermarked paper is notable: many Notgeld issues of this period used whatever stock was available, and the presence of a security feature suggests this batch was printed on requisitioned commercial or banking paper rather than purpose-made emergency stock.