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500 000 000 Mark
| Issuer | Stadt Kiel (City of Kiel) |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | Log in to see details |
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| Printer | H. O. Persiehl, Hamburg, Germany |
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| Obverse description | Printed on smooth, firm white stock in light green with a dark green and olive-green border frame enclosing the text field. The face carries the municipal notgeld authority inscriptions in multiple lines, including the issuing body, denomination spelled out in full, and the validating signatories of the Stadthauptkasse Kiel. The six-digit serial number is printed in black. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Printed in light blue on white stock, the reverse carries the abbreviated denomination value in large white letters against the blue underprint field, with the numeral and denomination text centrally arranged in a plain, unadorned layout. |
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| Comments |
Kiel's municipal administration issued 500-million-Mark notgeld in late 1923, when Germany's hyperinflation had rendered Reichsbank notes functionally useless for daily commerce. Cities and towns across Germany were forced to print their own emergency currency simply to make payroll — the Reichsbank could not produce denominations fast enough to keep pace with prices doubling weekly.
H. O. Persiehl was a Hamburg commercial printer regularly contracted by northern German municipalities during this period, which accounts for the watermarked paper — a security measure that meant rather less when the note's face value was obsolete within days of printing.