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500 000 Mark
| Issuer | City of Erfurt (Notgeld) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | NOTGELD DER STADT ERFURT 500 000 Fünfhunderttausend Mark Dieser Gutschein wird von allen städtischen Kassen in Zahlung genommen; er verliert seine Gültigkeit, wenn er nicht innerhalb eines Monats nach öffentlicher Aufforderung des Magistrats zur Einlösung vorgelegt wird. Erfurt, den 20. August 1923. Der Magistrat Erfurter Druckerei und Plakatzentrale |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
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| Protection type | Log in to see details |
| Protection description | Dense machine-engraved guilloche rosette patterns covering both the obverse underprint and the entire reverse, intended to deter counterfeiting. |
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| Comments |
Erfurt's municipal emergency currency program ran well behind the hyperinflation curve by mid-1923 — the Reichsbank was printing faster than any local authority could authorize and distribute. A 500,000 Mark note, enormous in nominal terms just months earlier, was functionally small change by late summer. The Erfurter Druckerei und Plakatzentrale was a poster and commercial print house, not a security printer, and the guilloche underprint here is relatively crude by banknote standards.
Notgeld of this denomination was typically valid for only a matter of weeks before reissue at higher figures made it obsolete.