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50 000 Mark

Issuer Stadt Siegburg (City of Siegburg)
Year 1923
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Currency Mark (1914-1924)
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Reverse description The reverse is printed in blue and green on cream paper and centres on a large rectangular vignette of four Renaissance-costumed figures representing the Siegburg civic militia (Bürgerwehr) circa 1580, rendered in a woodcut-style illustration with a pike-bearer, a drummer, a fifer, and a standard-bearer marching in procession against a stylised townscape background. A caption within the frame reads 'Siegburger Bürgerwehr um's Jahr 1580'. The denomination '50 000 Mark 50 000' appears in Gothic lettering at the top, and the legend 'Stadt: Fünfzigtausend Mark: Siegburg' runs along the bottom in large Gothic script.
Reverse lettering 50 000 Mark 50 000
SIEGBURGER BÜRGERWEHR UM'S JAHR 1580
Stadt: Fünfzigtausend Mark: Siegburg
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Comments

Siegburg's 50,000 Mark Notgeld was issued during the hyperinflation acceleration of 1923, when municipal and commercial authorities throughout the Rhineland were printing emergency currency faster than the Reichsbank could supply legal tender. Gebr. Daemisch was a local print shop, not a specialist banknote printer — which is exactly what you would expect from a city of Siegburg's modest size scrambling to keep small transactions functioning.

The Rhineland occupation by Allied forces complicated matters further: French and Belgian troops controlled the region, and the economic disruption of the Ruhr occupation beginning in January 1923 accelerated the collapse that made notes like this one obsolete within months of printing.

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