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500 000 Mark
| Issuer | Stadt Haspe (City of Haspe) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Notgeld issued in tan and brown tones on plain paper, with a geometric guilloche underprint border framing the entire face. The denomination "Fünfhunderttausend Mark" is set in large blackletter script across the centre within a ruled panel, above a two-line redemption clause in smaller roman type. The upper left corner bears the series designation "Serie A" and the issuing authority "Gutschein der Stadt Haspe" in bold blackletter; the date "Haspe, den 8. August 1923" appears at lower left, with a facsimile signature of the deputy mayor (Beigeordneter) and the title "Der Bürgermeister: i. V." at lower right. The printer's imprint "G. Kannengiesser, Haspe" is found at the bottom left margin. |
|---|---|
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| Reverse lettering | Stadt Haspe 500000 Mark Stadt Haspe |
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| Comments |
Haspe was an independent industrial town in Westphalia — it merged into Hagen in 1929 — and like hundreds of German municipalities in 1923, it issued its own notgeld when hyperinflation made Reichsbank supply utterly inadequate for daily commerce. The 500,000 Mark denomination places this squarely in the middle phase of the crisis, before denominations climbed into the billions and trillions by autumn of that year.
G. Kannengiesser was a local Haspe printer, not a specialist banknote firm. That matters: municipal notgeld from small-town presses varies considerably in registration quality and paper stock, and Kannengiesser's output for Haspe is no exception.