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500 000 000 Mark
| Issuer | Stadt Remscheid (City of Remscheid) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Tan-toned note printed in dark brown over a fine guilloche underprint, with the large decorative open-face numeral '500' dominating the centre and the denomination 'Millionen Mark' in bold Gothic blackletter script below. Circular corner vignettes in each upper angle repeat the value '500 Millionen', while the issuing authority 'Stadt Remscheid' is set across the top. Date 'den 11. August 1923', series letter, serial number, and the facsimile signature of the Oberbürgermeister are arranged along the lower margin. |
|---|---|
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| Reverse lettering | Remscheider Talsperre · Erste Talsperre Deutschlands 500 MILLIONEN MARK STADT REMSCHEID |
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| Comments |
Remscheid was one of hundreds of German municipalities forced into emergency currency production during the hyperinflation peak of autumn 1923, when Reichsbank notes simply could not be printed fast enough to keep pace with collapsing purchasing power. This 500 million Mark note — a denomination that would have seemed hallucinatory two years earlier — was already near-obsolete within weeks of issue, as the inflation curve outran every new denomination before the ink was dry.
Municipal Notgeld of this period was typically printed locally on whatever stock was available, which accounts for the variation in paper quality across surviving examples from Remscheid's issues.