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500 000 Mark

Issuer Der Rat der Stadt Freital
Year 1923
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Currency Mark (1914-1924)
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Obverse lettering REIHE A
M. 500 000
FLEISS UND FORTSCHRITT
Gutschein über Mark
Fünfhunderttausend
Gegen Rückgabe dieses Scheines zahlt die Stadt Freital den Betrag
von Fünfhunderttausend Mark. – Freital, den 10. August 1923.
DER RAT DER STADT FREITAL
Bürgermeister
Gutschein, zugelassen vom Reichsfinanzministerium
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Reverse lettering RAT DER STADT FREITAL
Druckerei Pässler, Dresden-N.
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Comments

Freital itself was barely two years old when this note was printed — the city was created in 1921 by merging the industrial communities of Döhlen, Deuben, and Potschappel, primarily to consolidate the local coal and chemical works into a single administrative unit. That the new municipality was already issuing half-million Mark emergency currency by 1923 tells you everything about the velocity of hyperinflation that summer.

Pässler's Dresden-Neustadt shop handled Notgeld work for several Saxon municipalities during the crisis period. Quick turnaround, not fine printing.

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