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| 正面描述 | Letterpress-printed Notgeld coupon on pale green guilloche underprint, enclosed within a geometric black border. The issuer's name 'Bezirks-Sparkassa Traunstein' is set in bold type at the top, above the large denomination inscription 'Fünfhunderttausend Mark' with the numeral '500000' printed as a pale red underprint behind the text. Two handwritten signatures appear at the lower centre over a circular official violet ink stamp of the Bezirks-Sparkassa Traunstein, with redemption conditions and the date 'Traunstein, 10. August 1923' printed in smaller type above. |
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| 背面铭文 | Gut-Schein über 500000 Mark 06940 Bezirkssparkasse Traunstein (Translation: Coupon for 500000 Marks 06940 District Savings Bank Traunstein) |
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Traunstein's Bezirks-Sparkassa was among hundreds of German savings institutions forced to issue emergency currency — Notgeld — as Reichsbank denominations fell catastrophically behind the pace of hyperinflation in 1923. By the time 500,000 Mark notes were being printed, that sum represented perhaps a day's wages at best. The district printer Ed. Leopoldseder handled the job locally, which was the point: speed mattered far more than security features.
The note belongs to the inflationary peak preceding the Rentenmark stabilization of November 1923, after which virtually all municipal Notgeld was called in and destroyed.