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500 000 000 Mark overprint on 50 000 000 Mark
| Issuer | Magistrat der Stadt Hörde and Kreisausschuss des Landkreises Hörde |
|---|---|
| Year | 1923 |
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| Composition | Log in to see details |
| Size | 152 x 94 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 50.000.000 500 Fünfhundert Millionen Mark zahlen die Stadt- Amts- Spar und Gemeindekassen des Stadt- und Landkreises Hörde dem Einlieferer dieses Scheines. Hörde, den 20. September 1923. Magistrat der Stadt Hörde : Kreisausschuss der Landkreises Hörde : (Translation: 50,000,000 The city, office, savings, and municipal treasuries of the city and district of Hörde will pay the bearer of this note five hundred million marks. Hörde, September 20, 1923. Magistrate of the city of Hörde: District committee of the district of Hörde:) |
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| Reverse lettering | Fünfhundert Millionen Mark Ausgegeben mit Genehmigung des Reichsministers der Finanzen auf Grund des Reichsgesetzes vom 17. Juli 1922 Dieser Schein wird ungültig einen Monat nach öffentlichem Aufruf. (Translation: Five Hundred Million Marks Issued with the approval of the Reich Minister of Finance based on the Reich law of July 17, 1922 This note becomes invalid one month after public announcement.) |
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| Comments |
Hörde, then an independent industrial city in the Ruhr, issued emergency currency — Notgeld — during the hyperinflation peak of late 1923, when the Reichsbank's printed denominations were consistently outpaced by price movements before notes could even reach circulation. The 500 million mark overprint on an existing 50 million mark base is a mechanical record of that acceleration: the underlying note was already obsolete by the time the ink was dry on the original denomination.
The dual authority — both the municipal Magistrat and the rural Kreisausschuss — reflects Hörde's administrative complexity before its 1928 incorporation into Dortmund.