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500 000 Mark

Issuer Stadtrat der bayer. Kreishauptstadt Ansbach
Year 1923
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Value 500 000 Marks (500 000)
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Obverse description Typographically printed Notgeld on plain paper with a fine red geometric guilloche underprint covering the entire field. The denomination "500 000 Mk." is set in large blackletter (Fraktur) type at centre, with the written-out amount "(Fünfhunderttausend Mark)" below. A serial number box in red is positioned at the upper right, with issue authority, validity date of 30 September 1923, and a manuscript signature of the Oberbürgermeister at lower right.
Obverse lettering Gutschein Nr.
über
500 000 Mk.
(Fünfhunderttausend Mark)
Gültig bis 30. September 1923
Stadtrat
der bayer. Kreishauptstadt Ansbach
11. August 1923
Oberbürgermeister
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Comments

Ansbach's municipal council issued this note during the hyperinflation peak of 1923, when even mid-sized Bavarian towns were compelled to print their own emergency currency — Notgeld — simply to meet payroll and keep local commerce moving. The Reichsbank could not supply denominations fast enough as prices doubled within days.

Municipal issues from provincial Bavarian cities are frequently printed locally on whatever stock was available, and paper quality on Ansbach Notgeld varies considerably within the same series. Worth examining the reverse for the printer's imprint, which is sometimes absent entirely on rushed runs.

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