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500 000 Mark

Issuer Cities of Bottrop, Gladbeck, and Osterfeld
Year 1923
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Value 500 000 Mark (500 000)
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Reverse description The reverse is printed entirely in red-brown on an unprinted paper ground, composed of a bold repeating geometric underprint of alternating upward- and downward-pointing triangles filled with fine lathe-work guilloche texture. Circular rosette vignettes are placed within the triangular interstices at top and bottom. The denomination numeral '500000' in large ornate outline figures occupies the central horizontal band, with the issuing authority legend repeated in letterpress at both the top and bottom margins.
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Protection description G-S-Muster pattern watermark
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Comments

Bottrop, Gladbeck, and Osterfeld were neighboring Ruhr industrial towns that issued this note jointly during the hyperinflation peak of 1923 — a relatively unusual arrangement, since most Notgeld at this denomination level was issued by a single municipality or district authority acting alone. The tri-city cooperation almost certainly reflects shared administrative infrastructure and the practical difficulty of commissioning emergency currency fast enough to keep pace with collapsing purchasing power.

By mid-1923, 500,000 Mark was worth almost nothing before the ink dried.

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