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50 000 000 Mark Kreissparkasse

Issuer Kreissparkasse Herford
Year 1923
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Size 131 × 84 mm
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Obverse description Green and pink Notgeld voucher with a wave-pattern guilloche underprint in rose covering the entire field, enclosed within a green double-line border. The issuer's title "LANDKREIS HERFORD" is set in large bold green letterpress across the upper portion, flanked by the denomination numerals, with the value "Fünfzig Millionen Mark" in ornate Gothic script dominating the centre. A circular embossed seal bearing an eagle device appears at lower left, and two manuscript signatures are applied below the issuing authority's name, with the printer's imprint "GUNDLACH BIELEFELD" at the bottom margin.
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Reverse description The reverse is essentially unprinted, with only a faint green show-through of the obverse letterpress text visible through the thin paper. An embossed circular seal impression is present at the lower right, corresponding to the stamp applied on the obverse, and a plain green rectangular border frame is faintly discernible.
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Comments

Kreissparkasse Herford was one of hundreds of German district savings banks that began issuing notgeld during the hyperinflation of 1923, as the Reichsbank's output simply could not keep pace with the collapsing purchasing power of the mark. By the time denominations in the tens of millions became necessary, the printing infrastructure had long since been parceled out to regional commercial printers — E. Gundlach in Bielefeld handled a significant share of Westphalian emergency currency during this period.

The embossed seal was the issuing authority's primary authentication device, standing in for the security printing that only central banks could realistically commission at speed.

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