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500 000 Mark

Issuer Bürgermeisterei Glehn
Year 1923
Type Local banknote
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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
Reverse description Plain reverse in a matching typeset layout, carrying the full text of the redemption conditions in standard Roman typeface within a ruled border. The denomination figures and issuing authority name are repeated at the margins, consistent with the Notgeld printing conventions of the period.
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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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