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| 正面铭文 | MARK 500000 MARK 500000 MARKS NOTGELD der Stadt Nürnberg Fünfhunderttausend Mark Zahlt die Stadthaupt-Kasse Nürnberg für diesen Schein NÜRNBERG, 11. AUGUST 1923 KÖRNER |
| 背面描述 | The reverse is executed in blue and brown on a cream ground within a multi-ruled rectangular frame with fan-motif corner ornaments. A bold diagonal ribbon underprint interspersed with stars and fan devices occupies the central field, over which the numeral 500000 is printed in large outlined blue digits with fine interior ruling. The denomination legend FÜNFHUNDERTTAUSEND runs along the top border and is repeated inverted along the bottom border, with the printer's imprint E. NISTER NÜRNBERG. centred beneath the outer frame. |
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Nürnberg's municipal administration — like dozens of German cities in 1923 — was forced to issue its own emergency currency as the Reichsbank's hyperinflationary spiral made centrally issued notes obsolete almost upon printing. This half-million Mark denomination, printed locally by E. Nister, reflects the summer-to-autumn acceleration: denominations that would have been unthinkable eighteen months earlier were now barely sufficient for daily transactions.
E. Nister was primarily a commercial printer and publisher, not a security printing house. That distinction matters — the notes were produced quickly, without the anti-counterfeiting infrastructure of specialist firms, because speed was the only thing that mattered.