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50 000 000 Mark Bad Orb

Issuer Stadthauptkasse Bad Orb (City of Bad Orb)
Year 1923
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Shape Rectangular
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Obverse lettering STADT BAD ORB GUTSCHEIN über Fünfzig Millionen Mark Die Einlößung dießes Scheines erfolgt bei der unterzeichneten Kaffe. Der Zeitpunkt, mit dem die Gültigkeit abläuft, wird öffentlich bekannt gemacht BAD ORB, den 1 September 1923. DIE STADTHAUPTKASSE DER MAGISTRAT Buchdruckerei Johann Göb, Bad Orb
(Translation: CITY OF BAD ORB COUPON above Fifty million marks This ticket is redeemed at the signed coffee shop. The The date on which the validity expires will be announced publicly BAD ORB, September 1st, 1923. CITY HEAD OFFICE THE MAGISTRATE Printer Johann Göb, Bad Orb)
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Protection type Watermark
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Bad Orb is a small spa town in the Spessart region of Hesse, and like hundreds of German municipalities in 1923, it issued its own emergency currency — Notgeld — as the Reichsmark collapsed under hyperinflation. By the time denominations reached fifty million Mark, the inflation had already rendered notes obsolete within days of printing. The Stadthauptkasse was effectively racing the exchange rate.

Printed locally by Johann Göb, a small-town commercial press rather than a specialist securities printer, the presence of a watermark is worth noting — an unusual security precaution at this denomination and from a printer of this scale, suggesting either pre-watermarked paper stock purchased in bulk or a deliberate effort to discourage forgery even as the notes' real value evaporated hourly.

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