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500 000 Mark
| Issuer | Stadt Düsseldorf (City of Düsseldorf) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 500 000 Mark (500 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | STADT DUSSELDORF Fünfhunderttausend Mark Die Stadt Düsseldorf zahlt bei ihren sämtl. Kassen den Vorzeiger Mk. 500000.- Der Zeitpunkt d. Einlösung wird öffentlich bekanntgegeben. - Düsseldorf, den 16. Juli 1923. Der Oberbürgermeister i.V. |
| Reverse description | Log in to see details |
| Reverse lettering | STADT DUSSELDORF 500000 Mark REIHE II AUSGEGEBEN AUF GRUND DER ERMÄCHTI-GUNG DES REICHSFINANZMINISTERIUMS |
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| Comments |
Düsseldorf's 500,000 Mark note dates from mid-1923, when German municipal authorities were legally empowered to issue their own emergency currency — Notgeld — because the Reichsbank simply could not print fast enough to keep pace with hyperinflation. By August of that year, the mark was losing value by the hour, and denominations that seemed astronomical in January were functionally worthless before autumn.
City-issued Notgeld of this period was printed locally and often on whatever paper stock was available, which accounts for the variability in paper quality and ink saturation found across surviving examples of this series.