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| 正面描述 | Typeset notgeld printed in brown on cream paper, enclosed within a decorative border of repeated ornamental scroll motifs. The denomination '500,000 Mk.' appears in the upper left, with the clearing notation 'Nur zur Verrechnung!' underlined at centre-top alongside the serial number. The body text in Gothic blackletter script instructs that the Gewerbebank Waiblingen or the Oberamtssparkasse Waiblingen shall pay the bearer against this cheque the sum of Fünfhunderttausend Mark, with the date 'Waiblingen, den 20. August 1923' and issuing authority 'Für die Stadtgemeinde Waiblingen' below. At the foot, the municipal arms of Waiblingen are centred between the manuscript signatures of the Stadtschultheiß and the Stadtpfleger, each identified by their respective title. |
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| 正面铭文 | 500,000 Mk. / Nur zur Verrechnung! / II N Nr. 00048 / Die Gewerbebank Waiblingen oder die Oberamtssparkasse Waiblingen / wolle zahlen gegen diesen Scheck dem Überbringer / Fünfhunderttausend Mark / Waiblingen, den 20. August 1923 / Für die Stadtgemeinde Waiblingen / Stadtschultheiß: / Stadtpfleger: |
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Waiblingen's 500,000 Mark note was issued during the hyperinflationary spiral of mid-1923, when municipal and regional authorities across Germany were forced to print emergency currency — Notgeld — simply to meet payroll and keep local commerce from seizing up entirely. The Reichsbank could not supply denominations fast enough as the mark's purchasing power collapsed week by week, sometimes day by day.
City-issued Notgeld of this denomination was typically printed locally on whatever stock was available, often by the town's own commercial printer rather than a specialist security press. That origin shows in the variable print quality seen across surviving examples of this series.