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50 000 Mark Reichsbanknote
| Issuer | Reichsbank |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 50 000 Marks (50 000) |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Unadorned typographic design printed in black on a salmon-pink guilloche underprint, with the title 'Reichsbanknote' in Gothic script at the top and the large denomination numeral '50 000 Mark' dominating the upper field. The central body carries the payment text in German Gothic letterpress, referencing the Reichsbankhauptkasse in Berlin and the issue date of 9 August 1923, flanked on the left margin by a vertical anti-counterfeiting warning legend. Two circular Reichsbankdirektorium eagle seals flank the lower portion, between which multiple manuscript signatures of the Reichsbank directorate appear in three rows. |
|---|---|
| Obverse lettering | Reichsbanknote 50 000 Mark zahlt die Reichsbankhauptkasse in Berlin gegen diese Banknote dem Einlieferer. Vom 1. September 1923 ab kann diese Banknote aufgerufen und unter Umtausch gegen andere gesetzliche Zahlungsmittel eingezogen werden Berlin, den 9. August 1923 Reichsbankdirektorium Wer Banknoten nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Zuchthaus nicht unter zwei Jahren bestraft |
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| Comments |
The July 1922 authorization for this denomination was itself a concession to defeat — the Reichsbank had resisted high-denomination notes for months, fearing the psychological signal they sent. By the time the 50,000 Mark note entered circulation in late 1922 and into 1923, the inflation that had made it necessary was already rendering it inadequate. Within months, notes of this face value were being used in bundles for single transactions.
The Reichsdruckerei was running multiple shifts and contracting auxiliary printers across Germany by mid-1923 just to keep pace with demand. This note predates the most chaotic phase of that production scramble.