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500 000 Mark

Issuer Bezirksverband der Amtshauptmannschaft Chemnitz
Year 1923
Type Local banknote
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Obverse lettering Gutschein
Der Bezirksverband der Amtshauptmannschaft Chemnitz zahlt gegen Rückgabe dieses Gutscheines
Fünfhunderttausend Mark
Er verliert seine Gültigkeit einen Monat nach erfolgtem Aufruf in den Chemnitzer Blättern
Chemnitz, den 24. August 1923.
Bezirksverband der Amtshauptmannschaft Chemnitz.
AMTSHAUPTMANN.
VORS. D. BEZIRKSTAGS.
500 000 Mark
RATS-DRUCKEREI GLAUCHAU.
Reverse description The reverse is unprinted, left plain on cream paper, with show-through of the obverse text and vignette visible as a mirror image through the thin paper stock.
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Comments

Chemnitz's district authority — the Amtshauptmannschaft — issued this note during the summer of 1923, when the Reichsbank's supply of emergency currency simply could not keep pace with hyperinflation. Local administrative bodies across Saxony were forced to print their own Notgeld to meet payroll and enable basic commerce. The half-million Mark face value, once staggering, was already being overtaken by inflation within weeks of printing.

Rats-Druckerei in Glauchau was a regional commercial printer, not a specialist security press. That matters: these notes carry none of the anti-counterfeiting sophistication of Reichsbank issues.

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