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50 000 000 Mark

Issuer Magistrat der Stadt Bochum
Year 1923
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Shape Rectangular
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Obverse description Printed in dark brown and blue-green on a pale yellow underprint, the obverse carries a repeated denomination legend forming a border on all four sides. At centre, a blue-green guilloche vignette bears the Bochum civic coat of arms — a tower above a shield — over which the large numeral '50' and the curved letterpress inscription 'MILLIONEN MARK' are superimposed. The lower portion contains the payment clause, the issuance date 'Bochum, 17. Septbr. 1923', the issuing authority 'Der Magistrat der Stadt Bochum', the series designation 'Reihe T', and two facsimile manuscript signatures above the titles 'Oberbürgermeister' and 'Bürgermeister'.
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Reverse description Printed in dark brown on a pale yellow underprint, the reverse bears the word 'NOTGELD' in large ornate script along the top border and 'STADT BOCHUM' in matching script along the bottom border, both set within a dark decorative frame. A central cloud-shaped guilloche vignette in blue-green carries a rectangular panel with the bold inscription '50 MILLIONEN'. A single line above the vignette cites authorisation by the Reichsminister der Finanzen, while a disclaimer clause regarding invalidation upon official recall runs along the lower margin.
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Comments

Bochum's municipal administration, like dozens of other German cities in late 1923, was forced into issuing its own emergency currency — Notgeld — simply to meet payroll. The Reichsbank could not print fast enough. By the time notes in this denomination were being issued, the hyperinflationary spiral had made fifty million marks a routine transaction, not a remarkable one.

Municipal Notgeld of this period was typically printed locally on whatever stock was available, often on one side only, with rudimentary typography. Genuine rarity in this series tends to hinge on specific date variants and signature combinations rather than denomination alone.

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