50 000 000 Mark

Dorsten's 50-million Mark note dates from the late summer of 1923, when German municipal authorities were routinely empowered — or simply forced by necessity — to print their own emergency currency as Reichsbank supply collapsed under hyperinflation. By August of that year, the Reichsbank's own presses could not keep pace with denominations that were doubling weekly, and hundreds of German cities issued Notgeld at values that would have been unimaginable twelve months earlier.

Local printing on locally sourced paper stock is the norm for issues like this, and Dorsten's example is no exception — expect inconsistencies in ink density and registration across surviving specimens.