50 000 Mark

Bad Wörishofen is better known as the town where Sebastian Kneipp developed his water-cure therapy in the nineteenth century than as a monetary authority, yet like hundreds of German municipalities in 1923, its council was forced into issuing emergency currency — Notgeld — as hyperinflation rendered Reichsbank notes functionally obsolete faster than they could be printed and distributed. The 50,000 Mark denomination places this firmly in the mid-phase of the crisis, before the truly astronomical figures of late 1923 pushed German municipal issues into the billions and trillions.

Bavarian municipal Notgeld of this period was typically printed locally on short notice, often by regional commercial printers with no specialized security printing experience.