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500 000 000 Mark
| Issuer | Stadt Münster in Westfalen (City of Münster in Westphalia) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 500 000 000 Marks (500 000 000) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Die Stadt Münster i. W. zahlt dem Inhaber dieses Scheines 500 Millionen Mark Dieser Schein kann vom 1. Januar 1924 ab zur Einlösung aufgerufen werden Münster in Westfalen den 1. Oktober 1923 Der Magistrat: 500 MILLIONEN MARK |
| Reverse description | The reverse is entirely unprinted, presenting a plain cream-beige paper surface with no vignette, text, or decorative elements; the sheet shows natural texture and age-related toning consistent with the thin newsprint-grade stock used for German Notgeld issues of 1923. |
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| Comments |
One of dozens of municipal Notgeld issues produced during the hyperinflation peak of autumn 1923, when the Reichsmark was collapsing so rapidly that local governments, businesses, and even private firms were authorized — or simply forced by necessity — to print their own emergency currency. By the time denominations like this one were in circulation, the official exchange rate against the dollar was moving by hundreds of billions per day.
Municipal issues from mid-sized cities like Münster are common as a class but individually short-lived; most were redeemed or voided within weeks of issue and survive today largely because collectors were already hoarding Notgeld before the crisis even peaked.