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50 000 000 Mark Hessische Landesbank
| Issuer | Hessische Landesbank |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 50 000 000 Mark (50 000 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | 50 Millionen |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Comments |
One of hundreds of emergency currency instruments issued by German regional banks during the hyperinflation of 1923, when the Reichsmark's collapse forced state banks, municipalities, and even private firms to print their own notgeld to meet payroll and basic commerce. The Hessische Landesbank, headquartered in Darmstadt, issued this 50-million-Mark denomination during the period when the currency was losing value so rapidly that notes were sometimes signed and dated by hand the morning they were distributed, already worth less by afternoon.
The fifty-million figure, staggering in name, represented a transitional denomination — neither the ceiling nor the floor of what came within weeks.