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500 000 Mark
| Issuer | Stadtgemeinde Bad Kissingen |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Stadtgemeinde Bad Kissingen 500000 Gutschein 500000 über Fünfhunderttausend Mark Dieser Gutschein gilt bis 31. Dezember 1923, sofern nicht eine frühere Aufrufung erfolgt. Die Einlösung geschieht bei der Stadtkämmerei Bad Kissingen. Der rechtsk. 1. Bürgermeister: Nr. |
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| Reverse lettering | Der Gott, der Eisen wachsen ließ, Der wollte keine Knechte. |
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| Comments |
Bad Kissingen's 500,000 Mark note was a product of the hyperinflation spiral of mid-1923, when municipal and regional authorities across Germany were forced to issue their own emergency currency — Notgeld — because the Reichsbank simply could not print and distribute legal tender fast enough to keep pace with collapsing purchasing power. By the time denominations in the hundreds of thousands became necessary, a note printed one week was often worth a fraction of its face value the next.
Printing was handled locally by Schachenmayer, a Bad Kissingen press better known for commercial and decorative work than banknote production. The single signatory, Dr. Kollwein, was the Bürgermeister at the time.