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500 000 Mark
| Issuer | Stadtverwaltung Kaiserslautern (City of Kaiserslautern) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | NOTGELD DER STADT KAISERSLAUTERN Fünfhunderttausend Mark DIE ZEIT DER EINLÖSUNG WIRD IN DEN ORTSZEITUNGEN BEKANNT GEGEBEN STADTVERWALTUNG BÜRGERMEISTER KAISERSLAUTERN, 10. SEPTEMBER 1923. STADTHAUPTKASSE FINANZRAT |
| Reverse description | Log in to see details |
| Reverse lettering | 500 Tausend Mark |
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| Comments |
Kaiserslautern entered the hyperinflation notgeld market relatively late. By the time municipal authorities were authorizing 500,000 Mark denominations in 1923, the Reichsbank's own printing capacity had become the binding constraint on the entire German monetary system — local issuers like Kaiserslautern filled the vacuum out of practical necessity, not financial ambition.
The Palatinate region was simultaneously under French occupation at this point, which complicated both commerce and the administrative machinery behind emergency currency issuance. Whether this particular note circulated primarily within the city or leaked into the broader occupied zone is not easily established.