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50 000 000 Mark

Issuer Stadt Montabaur (City of Montabaur)
Year 1923
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Size 140 × 86 mm
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Obverse description Plain cream-coloured paper note printed in black letterpress throughout, with no vignette or decorative underprint. The heading KASSENSCHEIN DER STADT MONTABAUR appears at the top in spaced capitals, followed by the denomination Fünfzig Millionen Mark set in a large display typeface. To the lower left, the circular municipal seal of Montabaur is impressed, bearing a heraldic composition with a saint figure, towers, and the legend SIEGEL DER STADT MONTABAUR. The date Montabaur, den 10. August 1923 and the issuing authority DER MAGISTRAT appear in the lower central field, accompanied by two manuscript signatures, with a perforated serial number in the right margin.
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Reverse description The reverse is entirely unprinted, consisting of plain cream-coloured paper stock with no text, vignette, or ornamental elements of any kind.
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Comments

Montabaur's 50-million Mark notgeld dates from the hyperinflation peak of autumn 1923, when municipal authorities across the Rhineland were printing emergency denominations that would have been unimaginable twelve months earlier. By October 1923 the Reichsmark had collapsed so completely that a 50-million note represented, at best, a few days' practical purchasing power before depreciation made it worthless again.

Small Rhenish towns like Montabaur typically contracted local printers for these late-stage issues, which is why production quality varies so sharply across surviving examples. Paper stock, ink saturation, and registration often differ noticeably even within the same denomination run.

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