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500 000 Mark

Issuer Stadtgemeinde Bruchsal (City of Bruchsal)
Year 1923
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Value 500 000 Mark (500 000)
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Reverse description Letterpress-printed in dark brown on cream paper within the same rococo scrollwork border as the obverse, with the large open-figure numeral '500000' spanning the top register. A central engraved vignette presents a panoramic view of Bruchsal Schloss set within a shaped cartouche, flanked by two shield-shaped panels: the left noting redemption at city cashiers and all local banks, the right warning against counterfeiting. Below the vignette, 'GUTSCHEIN DER STADT BRUCHSAL' is set in bold display type, with the printer's imprint 'Heinrich Rudolf Schlüter A.G. Bruchsal' at the foot.
Reverse lettering 500 000 Gutschein der Stadt Bruchsal. Die Einlösung erfolgt außer bei den städtischen Kassen bei sämtlichen Banken hiesiger Stadt. Die Nachahmung dieses Scheines wird bestraft.
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Bruchsal's 500,000 Mark note was one of thousands of Notgeld issues flooding German commerce in mid-1923, when hyperinflation had accelerated so violently that municipal and private issuers were printing emergency denominations weekly simply to keep pace with the collapsing purchasing power of the Reichsmark. By the time notes in this range were circulating, the figure printed on them was already losing meaning before the ink dried.

Unusually, this note was printed locally by Heinrich Rudolf Schlüter A.G. — a Bruchsal firm — rather than outsourced to the major specialist presses in Berlin or Leipzig that were overwhelmed with Notgeld contracts that year. The dry seal was the city's primary anti-counterfeiting measure, modest by any standard, but counterfeiting high-denomination Notgeld was largely pointless given how rapidly even genuine notes depreciated.

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