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50 000 000 Mark Seifhennersdorf
| Issuer | Girokasse Seifhennersdorf |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein Die Girokasse Seifhennersdorf garantiert infolge Mangels an Bargeld dem Inhaber dieses Gutscheins für den Betrag von Fünfzig Millionen Mk. Seifhennersdorf, den 25. September 1923 Girokasse Seifhennersdorf Gemeindevorstand : (Translation: Voucher The Girokasse Seifhennersdorf guarantees, due to a lack of cash, to the holder of this voucher the amount of Fifty Million Mk. Seifhennersdorf, September 25, 1923 Girokasse Seifhennersdorf Municipal Board:) |
| Reverse description | Unprinted plain cream reverse; show-through of the obverse Fraktur lettering and guilloche bands is visible through the thin paper stock. |
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| Comments |
Seifhennersdorf is a small textile-industry town in Upper Lusatia, near the Polish and Czech borders — an unlikely place to find a municipal savings institution issuing eight-figure emergency currency, yet the hyperinflation of mid-1923 made this entirely unremarkable across Germany. The Girokasse was the town's local giro savings office, not a commercial bank, and its authority to issue notgeld derived entirely from necessity rather than any formal monetary mandate.
Max Grossmann printed locally, which kept turnaround fast — critical when denominations became obsolete within days. By August 1923, fifty million marks would not cover a newspaper.