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500 000 Mark

Issuer Kreisausschuss des Kreises Heinsberg
Year 1923
Type Local banknote
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Obverse lettering 500 000 — Gutschein — 500 000
über
Fünfhunderttausend Mark
Dieser Gutschein wird von der Kreissparkasse Heinsberg, allen Gemeindekassen des Kreises Heinsberg sowie von der Volksbank in Heinsberg in Zahlung genommen.
Allgemeiner Einlösungstermin bei vorgenannten Stellen vier Wochen nach Aufruf.
Heinsberg, den 7. September 1923.
Der Kreisausschuß des Kreises Heinsberg
(Translation: Voucher for Five Hundred Thousand Mark. This voucher is accepted in payment by the Kreissparkasse Heinsberg, all municipal treasuries of the Heinsberg district, as well as by the Volksbank in Heinsberg. General redemption deadline at the aforementioned offices: four weeks after notice. Heinsberg, 7 September 1923. The District Committee of the District of Heinsberg.)
Reverse description The reverse is unprinted, showing only the plain aged beige paper with show-through bleed from the obverse letterpress printing visible in mirror image.
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Comments

Heinsberg's Kreisausschuss — the district administrative committee — issued this 500,000 Mark note during the hyperinflation peak of 1923, when municipal and district authorities across Germany were legally permitted to print their own emergency currency, Notgeld, to compensate for the Reichsbank's inability to supply denominations fast enough for daily commerce. By mid-1923, half a million marks would barely cover a loaf of bread, and the denomination itself became obsolete within weeks of issue.

Heinsberg district sits in the western Rhineland, and its proximity to the occupied Ruhr zone during the passive resistance campaign meant supply disruptions were acute and locally issued paper filled genuine transactional gaps — not merely a collector exercise.

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