500 000 Mark

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.