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500 000 Mark
| Issuer | Stadtrat Schwabach (City Council of Schwabach) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 500000 Mark Stadtrat Schwabach: r. i. Bürgermeister 2. Bürgermeister Oberbuchhalter Schwabach, den 15. August 1923 Gutschein der Stadt Schwabach 500 000 |
| Reverse description | Reverse is unprinted, showing only the blind impression of the obverse design through the thin paper stock, with the decorative border framework and text faintly visible in mirror image. |
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| Comments |
Schwabach was a small Franconian town better known for its gold-leaf industry than its monetary policy, yet like hundreds of German municipalities in 1923, the Stadtrat found itself compelled to issue emergency currency — Notgeld — simply to meet payroll as Reichsbank notes became worthless faster than they could be printed. The 500,000 Mark denomination places this squarely in the hyperinflation's middle phase; by November 1923, such a sum would not have purchased a single postage stamp.
Buchdruckerei G. Müller was a local commercial printer, not a security press, and the production reflects that — these were job-printing operations turned monetary instruments by necessity rather than design.