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500 000 Mark
| Issuer | Kreisausschuss des Kreises Torgau (District of Torgau, Prussian Province of Saxony) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 500 000 Marks (500 000) |
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| Obverse description | Dark blue-green letterpress note with a scalloped guilloche border framing the entire face. At left, a circular vignette contains a bust portrait of a male figure in period dress set against an industrial background with factory chimneys. To the right, the denomination 'Fünfhunderttausend Mark' is rendered in large Gothic blackletter script beneath the issuer heading 'Gutschein des Kreises Torgau'; a boxed text panel below cites the authorisation by the Reichsfinanzministerium decree of 9 August 1923, dated Torgau, 15 August 1923, and signed by the Kreisausschuss d. Kreis. Torgau. The numeral '500000' appears in a bold typeset panel at lower left, with multiple manuscript committee signatures to the lower right. |
|---|---|
| Obverse lettering | Gutschein des Kreises Torgau über Fünfhunderttausend Mark Als gesetzliches Zahlungsmittel genehmigt vom Reichsfinanzministerium durch Erlaß vom 9. August 1923 • Torgau, den 15. Aug. 1923. Der Kreisausschuß d. Kreis. Torgau 500000 |
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| Comments |
Torgau's district committee issued this note during the acute phase of the 1923 hyperinflation, when the Reichsbank's inability to supply adequate currency forced hundreds of German municipal and district authorities to print their own emergency money — Notgeld — simply to keep local wages and retail transactions functioning. At 500,000 Mark, this denomination reflects the summer-to-autumn acceleration: notes of this face value were already near-worthless within weeks of printing.
Torgau, sitting on the Elbe in Prussian Saxony, was a modest administrative center with no particular banking infrastructure, which likely meant the note was produced by a regional commercial printer rather than a specialist security firm.