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500 000 Mark

Issuer Bürgermeisterei Glehn
Year 1923
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Shape Rectangular
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Obverse description Pink underprint with bold black border framing the entire note face. The denomination "500 000 M." appears in numeral form in each of the four corners. Central text block carries the issuing authority inscription and redemption clause in letterpress. An official municipal stamp is applied in the lower left.
Obverse lettering Bürgermeisterei Glehn 500 000 M. 500 000 M. Gutschein über Fünfhunderttausend M. Dieser Gutschein wird von der Gemeindekasse Glehn jederzeit eingelöst. Er verliert seine Gültigkeit einen monat nach Aufkündigung (Stempel) Der Bürgermeister: 500 000 M. 500 000 M. Bürgermeisterei Glehn
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Comments

Glehn — today Korschenbroich-Glehn, in the lower Rhine region — was a small municipality that issued its own emergency currency during the hyperinflation peak of 1923, when the Reichsbank simply could not supply denominations fast enough to keep pace with collapsing purchasing power. The Bürgermeisterei, the lowest administrative tier of local government, had the legal authority to issue Notgeld under emergency provisions, though the practical shelf life of any 500,000 Mark note issued that year was often measured in days before the face value became economically trivial.

Provincial Notgeld at this denomination level was typically produced by local printers on short deadlines, and quality control was minimal.

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