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500 000 Mark

Issuer Gemeinde Tonndorf-Lohe
Year 1923
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Shape Rectangular
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Obverse lettering Gutschein der Gemeinde Tonndorf-Lohe. 500 000 Mark (fünfhunderttausend Mark) Gültig bis einen Monat nach öffentlichem Aufruf in den „Altrahlstedter Neuesten Nachrichten”. Tonndorf-Lohe, den 17. August 1923. Der Gemeindevorsteher:
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Protection type Official stamp, serial number
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Tonndorf-Lohe was a small municipality on the eastern outskirts of Hamburg, and this 500,000 Mark note belongs to the chaotic mid-1923 wave of Notgeld when inflation was accelerating fast enough that municipal authorities were issuing emergency money weekly simply to cover payroll. By August 17th, 500,000 Mark was roughly a day-laborer's wage — a denomination that would have seemed absurd twelve months earlier and insufficient twelve weeks later.

Small Gemeinden like Tonndorf-Lohe rarely had sophisticated printing arrangements. The official stamp and handwritten or rubber-stamped serial numbers were the only anti-counterfeiting measures available, which tells you everything about how quickly these notes were produced and how briefly they were expected to circulate.

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