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50 000 Mark

Issuer Kreis Geldern (District of Geldern, Prussian Rhine Province)
Year 1923
Type Local banknote
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Obverse description The face is printed in dark brown and rust-red on an unbleached paper ground, with the entire field covered by an intricate floral and geometric guilloche underprint. A bold ornamental border of interlaced foliate motifs frames the design on all four sides. The denomination "Fünfzigtausend Mark" is set in a large Gothic blackletter script across the centre, with the numeral "50000" repeated in the upper left and right corners above the issuer inscription "Kreis Geldern"; below, a multi-line letterpress text states the conditions of acceptance and validity, dated Geldern, 1. August 1923, and countersigned by the Landrat.
Obverse lettering 50000 Kreis Geldern 50000 Fünfzigtausend Mark zahlen gegen diesen Schein dem Einlieferer sämtliche Kassen des Kreiskommunalverbandes Geldern sowie der Gemeinden im Kreise Geldern während der Umlaufszeit. Der Schein verliert seine Gültigkeit nach Ablauf von vier Wochen nach Aufruf in den im Kreise erscheinenden Zeitungen. Geldern den 1. August 1923 Der Landrat
(Translation: 50,000 Geldern District 50,000 Fifty thousand Marks — All cashiers of the Geldern District Municipal Association and the municipalities within the Geldern District shall pay the bearer of this note during its period of circulation. This note becomes invalid four weeks after its announcement in the district's newspapers. Geldern, August 1, 1923 The District Administrator)
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Comments

Geldern's 50,000 Mark Notgeld arrived in mid-1923 as hyperinflation was accelerating toward its most destructive phase — by the time notes of this denomination felt routine, the Reichsmark itself had weeks left before the November stabilization. District-level authorities across the Rhineland printed their own emergency issues partly because Reichsbank deliveries couldn't keep pace with the collapsing purchasing power, and partly because local printers like L. N. Schaffrath were simply on hand.

The watermarked paper is notable for a Notgeld issue at this level — most Kreis-issued inflationsscheine of comparable denomination dispensed with security features entirely.

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