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500 000 000 Mark

Issuer Stadt Neumünster (City of Neumünster, Prussian province of Schleswig-Holstein)
Year 1923
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Size 148 × 90 mm
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Reverse description Black letterpress text on a light red guilloche underprint panel set within a plain border, flanked left and right by two symmetrical ornamental vignettes of stylised thistle or acanthus sprays in black. The numeral '500' appears at the top centre, with the issuer name 'Stadt Neumünster' and denomination '500 Millionen Mark' in Gothic script centred on the underprint panel. A circular official ink stamp of the City of Neumünster, bearing the municipal coat of arms and the legend 'Siegel der Stadt Neumünster', is applied at the lower centre.
Reverse lettering 500 Stadt Neumünster 500 Millionen Mark
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Comments

Neumünster's half-billion Mark note dates from the most violent phase of the German hyperinflation — autumn 1923, when municipal authorities across Prussia were issuing Notgeld not as novelty souvenirs but as functional emergency currency, because Reichsbank notes were arriving too slowly and depreciating too fast to cover payroll. Cities, counties, and private firms all printed their own, and the Prussian provincial administration largely looked the other way.

The official stamp is the critical authentication element here. Without it, these notes were explicitly declared invalid by the issuing city — a common condition attached to Neumünster municipal issues of this series.

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