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50 000 000 Mark
| Issuer | Stadt Remscheid (City of Remscheid) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | The face is dominated by a central oval guilloche vignette bearing the large denomination numeral "50" above the inscription "Millionen Mark" in bold letterpress type. The surrounding field carries a fine guilloche border with rosette corner ornaments and the text "STADT REMSCHEID" arching through the underprint. Below the oval, two lines of Gothic script state the redemption conditions, followed by the place and date "Remscheid, den 11. August 1923" and the facsimile signature of the Oberbürgermeister. A red serial number printed in typeset characters appears at the lower centre. |
|---|---|
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| Reverse lettering | 50 MILLIONEN MARK STADT REMSCHEID |
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| 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.