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500 000 Mark

Issuer Bezirksverband der Amtshauptmannschaft Stollberg i. E.
Year 1923
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Size 132 × 81 mm
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Obverse description Plain cream-coloured note of typographic letterpress design, entirely without pictorial vignette, framed by a continuous scalloped guilloche border with rosette ornaments at each corner. The denomination "500000 M." and the word "Gutschein" are set in bold type across the upper field, accompanied by a serial number in large black numerals. The central text, rendered in an ornate Fraktur script, states the denomination in full as "Fünfhunderttausend Mark", with the issuing authority, place, and date "Stollberg i. E., 1. September 1923" printed below; two manuscript signatures appear at the foot, captioned "Amtshauptmann" and "Bezirkskassierer" respectively, with the printer's imprint "Rats-Druckerei Glauchau" at the lower left margin.
Obverse lettering 500000 M. Gutschein
Der Bezirksverband der Amtshauptmannschaft Stollberg i. E. zahlt gegen Rückgabe dieses Gutscheines
Fünfhunderttausend Mark
Der Schein verliert seine Gültigkeit einen Monat nach erfolgtem Aufruf in den Blättern des Stollberger Bezirkes.
Stollberg i. E., 1. September 1923.
Bezirksverband der Amtshauptmannschaft Stollberg i. E.
Amtshauptmann.
Bezirkskassierer.
RATS-DRUCKEREI GLAUCHAU.
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Comments

Stollberg's Amtshauptmannschaft — a mid-level Saxon administrative district, not a city or a bank — issued this note during the hyperinflation peak of 1923, when Germany's central printing infrastructure had completely lost the race against monetary collapse. Municipal and district bodies across Saxony were authorized to produce their own emergency currency, Notgeld, to keep commerce moving when Reichsbank notes arrived too devalued to be useful by the time they reached circulation.

The Rats-Druckerei in Glauchau was a regional commercial printer, not a specialist security press. At 500,000 Mark, this note was already obsolete within weeks of issue — by late 1923, denominations were climbing into the billions.

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