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50 000 Mark Sächsische Bank
| Issuer | Sächsische Bank zu Dresden |
|---|---|
| Year | 1923 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#S959 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | SÄCHSISCHE BANKNOTE Fünfzigtausend Mark zahlt die Sächsische Bank zu Dresden in Dresden gegen diese Banknote dem Einlieferer Dresden, den 25. Juli 1923 Sächsische Bank zu Dresden Staatsvertreter Direktor Direktor Wer Banknoten nachmacht oder verfälscht, oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Zuchthaus nicht unter 2 Jahren bestraft. |
| Reverse description | Uniface typographic print in deep green on cream paper, dominated by a large central guilloche rosette from which the white numeral '50000' emerges in bold relief against the intricate lathe-work background. Oval cartouches at the top and bottom of the central vignette each carry the word 'MARK', while diagonal corner legends read 'FÜNFZIGTAUSEND' and 'SÄCHSISCHE BANK' in alternating positions. The four corners bear square denomination panels with '5000' numerals, and the entire composition is enclosed within a fine ornamental border. |
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| Comments |
The Sächsische Bank zu Dresden was one of four German private note-issuing banks still operating under imperial charter when hyperinflation collapsed the mark in 1923. This 50,000 Mark denomination emerged during the summer acceleration of that crisis — by the time most notes of this type reached the public, the face value was already losing purchasing power within hours of issue. The print run of over twelve million reflects the sheer velocity of production required just to keep pace with demand.
The Sächsische Bank lost its note-issuing privileges when the Rentenbank stabilization took effect in late 1923.