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50 000 000 Mark Birkenfelder Landesbank

Issuer Bank für das Nahetal A.G. (Birkenfelder Landesbank)
Year 1923
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Currency Mark (1914-1924)
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Obverse description Printed on smooth, thin white paper in light grey with black text. A 5-digit serial number in black is preceded by the designation NUMMER. A horizontal oval dry embossed seal appears at the lower left, and an autograph signature in blue-green ink (Wagner) is present below the issuer text.
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Protection description No watermark present.
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Comments

Birkenfeld was a Prussian exclave — geographically detached from the main body of Prussia and surrounded by non-Prussian territory in the Rhineland — which gave its regional banking institutions an unusually pronounced local character. The Bank für das Nahetal, operating under the Birkenfelder Landesbank name, was one of countless German regional and municipal bodies forced into emergency currency issuance during the hyperinflationary collapse of 1923, when Reichsbank notes were depreciating faster than they could be printed and distributed.

The 50,000,000 Mark denomination places this note in the mid-phase of the hyperinflationary spiral — already astronomically large by any historical measure, but predating the truly staggering denominations that followed in October and November of that year.

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