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500 000 Mark

Issuer Stadtrat zu Adorf im Vogtland
Year 1923
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Value 500 000 Mark (500 000)
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Obverse description Typeset Notgeld voucher printed in purple on cream paper, with an ornate guilloche border framing the entire face. The denomination '500.000' appears in large bold numerals across the upper field, flanked on each side by the word 'Gutschein', above the denomination text in Gothic blackletter script reading 'Fünfhunderttausend Mark'. The lower portion carries the issuing authority text, place and date 'Adorf i. V., den 25. August 1923', with a manuscript signature of the Bürgermeister to the right.
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Reverse lettering 500000 Wer Gutscheine nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Zuchthaus nicht unter 2 Jahren bestraft. Fünfhunderttausend Mark Gültig nur im Bezirke der Stadt Adorf i. V. während der im amtlichen Bekanntmachungsblatte des Stadtrates bekannt gegebenen Laufzeit.
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Adorf im Vogtland is a small Saxon town in the Vogtland district, and like hundreds of German municipalities in 1923, its Stadtrat issued emergency currency — Notgeld — when hyperinflation made Reichsbank supply entirely inadequate for daily commerce. By mid-1923, half a million marks was roughly the cost of a loaf of bread, and local authorities had no practical choice but to print their own denominations to keep transactions moving at all.

Vogtland municipal Notgeld from this period is modestly collected but rarely exceptional in provenance. The Stadtrat series attracts regional specialists more than general collectors.

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