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500 000 000 Mark

Issuer Kreisausschuss des Kreises Neuwied
Year 1923
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Value 500 000 000 Mark (500 000 000)
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Obverse description Cream-toned Notgeld issued on plain paper with an allover guilloche underprint of repeating foliate ornaments in pale green, with a 'KREIS NEUWIED' watermark-style text visible in the centre field. The denomination '500 Millionen' appears in dark blue letterpress at upper left and upper right, while the large value legend 'Fünfhundert Millionen Mark' is printed in bold red Gothic script dominating the centre. A vertical red overprint at the left margin states the note's validity across the entire Regierungsbezirk Coblenz until 1 April 1924, and the issuing authority 'Der Kreisausschuß des Kreises Neuwied' is given above the facsimile signature of the Vorsitzender (Landrat) with the date Neuwied, den 1. Oktober 1923.
Obverse lettering 500 Millionen
Notgeldschein des Kreises Neuwied.
Fünfhundert Millionen Mark
Dieser Notgeldschein wird von der Sparkasse des Kreises Neuwied sowie allen öffentlichen Banken u. Kassen des Regierungsbezirks Coblenz in Zahlung genommen. Termin zur Einlösung nach Aufruf in den Kreisblättern.
Neuwied, den 1. Oktober 1923.
Der Kreisausschuß des Kreises Neuwied.
Der Vorsitzende: Landrat.
Umlauffähig im ganzen Regierungsbezirk Coblenz: Gültig bis zum 1. April 1924
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Comments

German district-level emergency currency — Notgeld — proliferated through 1923 as the Reichsmark collapsed under hyperinflation so severe that denominations reached the billions before the Rentenmark stabilization in November of that year. The Kreisausschuss des Kreises Neuwied, the administrative committee of Neuwied district on the Rhine, was among hundreds of local authorities empowered by necessity rather than statute to issue their own emergency paper. Hofmann, signing as Landrat and committee chairman, bore personal administrative responsibility for the issue.

The Rhein und Wied Druckerei was a regional commercial printer — not a security press — which is exactly what you'd expect for a rushed local issue in the autumn of 1923, when half-billion mark denominations were becoming obsolete within days of printing.

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