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50 000 Mark Württembergische Notenbank

Issuer Württembergische Notenbank
Year 1923
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Value 50 000 Mark (50 000)
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Obverse description The obverse is printed in dark green and deep red on a pale cream ground, with a repeating gothic monogram border of interlocked 'W' and 'NB' letters running along all four edges. The issuer's name 'Württembergische Notenbank' appears in gothic script across the upper field, flanked by the numeral '50000' in tall figures along both vertical margins. The denomination 'Fünfzigtausend Mark' is set in large, bold gothic lettering at centre, above a fine guilloche underprint, with the date '10 Juni 1923', place of issue 'Stuttgart', two manuscript signatures, and a counterfeiting warning legend in small script across the lower portion of the note.
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Reverse lettering Württembergische Notenbank
50000
MARK
bezahlt die Württembergische Notenbank jedem Inhaber dieses Scheines in Reichswährung.
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Comments

The Württembergische Notenbank was one of four German private note-issuing banks still operating alongside the Reichsbank in 1923, a relic of pre-unification banking arrangements that had survived into the Weimar period. During the hyperinflation crisis, these regional banks printed their own emergency denominations in parallel with the Reichsbank — not as Notgeld, but as legally valid banknotes under their existing charters. The 50,000 Mark denomination places this note squarely in the summer of 1923, before the autumn acceleration that would push denominations into the billions.

Stuttgart-printed throughout the series, the Württembergische notes are marginally less common than their Reichsbank counterparts from the same period.

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