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500 000 Mark
| Issuer | Stadt Düsseldorf (City of Düsseldorf) |
|---|---|
| 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 |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Fünfhundert tausend Mark Die Stadt Düsseldorf zahlt bei ihren sämtlichen Kassen an den Vorzeiger fünfhunderttausend Mark Der Zeitpunkt der Einlösung wird öffentlich bekannt gemacht Düsseldorf, 15. Juli 1923 Der Oberbürgermeister: STADT DÜSSELDORF Reihe 6 |
| Reverse description | Log in to see details |
| Reverse lettering | FÜNFHUNDERTTAUSEND STADT DÜSSELDORF Ausgegeben auf Grund der Ermächtigung des Reichsfinanzministeriums L. Schwann Düsseldorf |
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| Comments |
One of thousands of Notgeld issues flooding German commerce during the hyperinflation of 1923, this 500,000 Mark note was authorized by the city of Düsseldorf under emergency municipal currency powers — a stop-gap as the Reichsbank struggled to print fast enough to keep pace with collapsing purchasing power. By the time denominations like this reached circulation, they were often worth less than the paper they were printed on within days.
L. Schwann was a Düsseldorf-based printing and publishing house with genuine commercial capacity, which gave the city a local production option rather than competing for overloaded national printers.