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50 000 Mark overstamp on 5 Mark
| Issuer | Stadtrat Aschaffenburg (City Council of Aschaffenburg) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein für 50 000 M. bis 1. Oktober 1923 Stadtrat: |
| Reverse description | Log in to see details |
| Reverse lettering | Stadt Aschaffenburg Fünf Mark zahlt die Kämmereikasse der Stadt Aschaffenburg dem Inhaber bei Präsentation innerhalb der öffentlich bekannt gegebenen Wiedereinlösungsfrist, mit deren Umlauf der Gutschein verfalle Stadtmagistrat: |
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| Comments |
One of thousands of Notgeld overstamp issues produced across Germany during the hyperinflation of 1923, when municipal authorities were legally empowered — and practically forced — to create emergency denominations far beyond what any printer had anticipated when the base notes were designed. The 5 Mark plate became raw material, its face value rendered arithmetically absurd within weeks of printing.
Aschaffenburg's city council issued this through local administrative channels rather than a banking institution. The overstamp mechanism was the fastest available tool when the Reichsbank could not supply currency fast enough to match depreciation.