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500 000 Mark

Issuer Pößneck (Thuringia), City of
Year 1923
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Value 500 000 Mark (500 000)
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Reverse description The reverse is printed on plain uncoated white paper and is otherwise blank, save for a blind embossed circular municipal seal of the Stadt Pößneck applied at the lower left, enclosing a heraldic vignette at its centre and a Gothic legend around its circumference.
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Protection description Blind embossed circular municipal seal of the Stadt Pößneck applied to the reverse, bearing a heraldic device at centre and a Gothic circular legend.
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Comments

One of thousands of Notgeld issues printed during the hyperinflationary spiral of 1923, this 500,000 Mark note from Pößneck reflects the administrative chaos of a period when German municipalities were legally authorized to issue their own emergency currency simply to meet payroll and basic commerce. By the time denominations reached the hundred-thousands, the Reichsmark was losing value faster than notes could be printed and distributed.

C. G. Vogel was a local printer — not a security printing house — pressed into producing circulating currency. The embossed seal was the primary authentication device, a low-tech solution that reveals exactly how thin the margin was between official currency and improvised paper.

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