Catalog
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
| Issuer | Stadt Remscheid (City of Remscheid) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 50 Millionen Mark zahlen die städtischen Kassen in Remscheid dem Einlieferer dieses Scheines. Der Zeitpunkt der Einlösung wird in der Remscheider Zeitung bekannt gegeben. Remscheid, den 11. August 1923. Der Oberbürgermeister: |
| Reverse description | Log in to see details |
| Reverse lettering | 50 MILLIONEN MARK STADT REMSCHEID |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Remscheid's 50-million-mark Notgeld appeared in the late summer of 1923, when the Reichsbank's own supply chain had essentially collapsed under the velocity of hyperinflation. Municipal authorities across the Rhineland were printing emergency denominations faster than the ink could dry — Remscheid among them. The city issued its own scrip not out of any monetary ambition but because workers needed something, anything, to take to a bread queue that repriced by the hour.
At 50 million marks, this denomination was already obsolete within weeks of printing. By November 1923, billion- and trillion-mark notes were circulating nationally.