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| Issuer | City of Erfurt (Notgeld) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 500 000 Mark (500 000) |
| Currency | Log in to see details |
| 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 | Log in to see details |
| Reverse description | The reverse is printed entirely in green and consists of an elaborate all-over guilloche pattern of interlocking rosettes, star-burst medallions, and engine-turned wave borders covering the entire surface. The denomination 500000 is rendered in large outline numerals integrated into the centre of the guilloche field, their interiors filled with further lathe-work ornament. A small printer's mark or emblem appears in the lower right corner. |
| Reverse lettering | 500000 |
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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.