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500 000 Mark
| Issuer | Stadt Cassel (City of Kassel) |
|---|---|
| Year | 1923 |
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| Shape | Rectangular |
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| Reverse description | Printed in dark brown on a green guilloche underprint, the reverse is composed of a wide central panel flanked by two lateral columns, each divided into four ornamental cartouches bearing the inscription "STADT CASSEL" and the numeral "500 000" alternately. The central panel carries the issuer name at the top in bold letterpress, the large numeral denomination and "Mark" in Fraktur, and a redemption clause in Gothic script below, all set against a fine lozenge-pattern guilloche ground. The printer's imprint appears in small capitals along the lower margin below the design. |
| Reverse lettering | STADT CASSEL 500000 Mark Einlösung bei sämtlichen städtischen Kassen DRUCK: A.-G. WENDEROTH, CASSEL |
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| Comments |
Kassel's municipal authority — like hundreds of German cities in 1923 — was forced to issue its own emergency currency as the Reichsbank struggled to print fast enough to keep pace with hyperinflation. The Stadt Cassel notes were locally produced by Wenderoth, a Kassel-based printing firm, which kept turnaround times short during a period when the purchasing power of a denomination could collapse within days of printing.
The 500,000 Mark figure, astronomical by any prior standard, was already approaching irrelevance by late 1923. Notgeld of this era was often spent the same day it was issued.