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50 000 Mark Handelsschutzverband der Pfalz
| Issuer | Handelsschutzverband der Pfalz |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 50 000 Mark (50 000) |
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| Obverse description | Cream paper stock with a light green floral underprint, enclosed within a bold decorative border of interlocking dark scroll and floral ornaments, with corner numerals "50000" at all four angles. A central hexagonal cartouche in blackletter type carries the denomination legend "Fünfzigtausend Mark", surmounted by the header "Schuldschein über 50000 Mk.". Below the cartouche, letterpress text states the conditions of acceptance and identifies the issuing body, followed by the dual place names Speyer and Pirmasens, the date 1. September 1923, and a serial number in red. |
|---|---|
| Obverse lettering | Schuldschein über 50000 Mk. Fünfzigtausend Mark zahlbar nach Beseitigung des bestehenden Kleingeldmangels. Jedes pfälzische Verbandsmitglied nimmt diesen Schein in Zahlung. Speyer Pirmasens den 1. September 1923. Handelsschutzverband der Pfalz. 50000 |
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| Comments |
The Handelsschutzverband der Pfalz — roughly, the Palatinate Trade Protection Association — was one of hundreds of regional commercial bodies that resorted to issuing Notgeld during the hyperinflation of 1923, when Reichsbank currency was depreciating faster than it could be printed. A 50,000 Mark denomination places this note in the mid-hyperinflation window, before the truly astronomical figures of late 1923 rendered even million-Mark notes effectively worthless within days of issue.
The Palatinate was under French occupation at the time, which complicated both commerce and currency supply in ways that pushed local trade associations toward self-issued scrip more aggressively than in unoccupied regions.