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500 000 Mark

Issuer Landkreis Recklinghausen und die Städte Recklinghausen und Buer
Year 1923
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Composition Paper
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Obverse lettering Notgeld
des Landkreises Recklinghausen und
der Städte Recklinghausen und Buer
Fünfhunderttausend Mark
zählen unsere Kommunalkassen dem Einlieferer dieses Scheines
Recklinghausen, den 8. August 1923
Der Kreisausschuss des Landkreises Recklinghausen
Der Magistrat der Stadt Recklinghausen
Der Magistrat der Stadt Buer
500000
Reverse description Printed entirely in brown on a cream ground, the reverse carries a central diamond-shaped vignette with crossed mining hammers and a miner's lamp above the legend "Glück auf", evoking the Ruhr coal-mining district. The denomination numeral "500000" appears in all four corners within ornamental guilloche rosettes. An authorisation line at the top and an invalidation clause at the foot frame the design.
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Comments

Recklinghausen and neighboring Buer were in the thick of the Ruhr occupation crisis when this note was struck — French and Belgian troops had moved into the industrial region in January 1923 to enforce reparations deliveries, and the German government's policy of passive resistance had effectively paralyzed the regional economy. The Reichsbank could not keep pace with hyperinflation's acceleration, so local administrations — the Landkreis alongside the two municipalities — pooled authority to issue notgeld at denominations that would have been unthinkable even twelve months earlier.

The joint issuing arrangement between a rural district and two separate town administrations was administratively unusual and reflects genuine improvisation under pressure.

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