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50 000 000 Mark
| Issuer | Stadt Crefeld (City of Krefeld) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| 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) | DeNG 7/8#912 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Fünfzig Millionen Mark STADT CREFELD Zahlt die Stadt Crefeld dem Vorzeiger. Der Zeitpunkt der Einlösung wird durch die Crefelder Tageszeitungen bekannt gemacht. Crefeld, den 15. August 1923 Der Oberbürgermeister 50·000·000 Kaiser Wilhelm Denkmal Schrotagen-Brunnen WILHELM WEFERS, CREFELD |
| Reverse description | Log in to see details |
| Reverse lettering | 50 000 000 50 Millionen Notgeld der Stadt Crefeld über den Betrag von 50 Millionen Mark, herausgegeben 1923 REIHE Nr. |
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| Comments |
Krefeld's 50-million Mark note dates from the absolute peak of the Weimar hyperinflation — by August 1923, municipal authorities across Germany were printing their own emergency currency (Notgeld) simply because the Reichsbank could not distribute denominations fast enough to keep pace with collapsing purchasing power. Cities, companies, and even individual businesses became de facto issuers out of sheer logistical necessity.
Wilhelm Wefers was a local Krefeld printer, not a specialist banknote manufacturer. That matters: the production quality of municipally-commissioned emergency issues varied enormously, and notes printed by small regional firms are generally more susceptible to paper degradation than those produced by establishments with security-printing infrastructure.
The signature of Dr. Johansen places administrative accountability on the city government rather than any banking institution.