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500 000 Mark
| Issuer | Cities of Bottrop, Gladbeck, and Osterfeld |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
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| Protection type | Watermark |
| 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.