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500 000 Mark

Issuer Stadt Barmen (City of Barmen)
Year 1923
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Value 500 000 Mark (500 000)
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Obverse lettering Gutschein der Stadt Barmen über Fünfhunderttausend Mark
Nur gültig für den Geldverkehr innerhalb der Stadt Barmen, den 4. August 1923
Der Oberbürgermeister
500,000 Mark
OBERBÜRGERMEISTERAMT BARMEN
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Reverse lettering Stadt Barmen 500000 Mark
Stadt Barmen 500000 Mark
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Comments

Barmen issued this note during the most acute phase of the Weimar hyperinflation — by mid-1923, municipal and private emergency issuers (Notgeld) had become de facto suppliers of functional currency because Reichsbank notes simply could not be printed and distributed fast enough to keep pace with collapsing purchasing power. A 500,000 Mark denomination, unthinkable two years earlier, was already becoming inadequate within weeks of printing. August Schmittmann was a local commercial printer, not a specialist banknote house, which is typical of late-series Notgeld from this period.

Barmen itself ceased to exist as an independent city in 1929, absorbed into the newly amalgamated Wuppertal.

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