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500 000 Mark

Issuer Kreiskommunalverband Cleve (District of Kleve, Prussian Rhine Province)
Year 1923
Type Local banknote
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Obverse description Log in to see details
Obverse lettering Kreis Cleve
Fünfhunderttausend Mark
zahlen gegen diesen Schein dem Einlieserer die Kassen des Kreiskommunalverbandes Cleve und die Kassen der Städte und Gemeinden im Kreise Cleve während der Umlaufszeit.
Der Schein verliert seine Gültigkeit nach Ablauf von vier Wochen nach Ausruf in den im Kreise erscheinenden Zeitungen.
Cleve, den 6. August 1923.
Der Landrat
J. V.: der Kreisdeputierte
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Protection description Dense geometric dot-and-rosette guilloche pattern printed in pale green across the entire face and reverse as an anti-counterfeiting underprint.
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Comments

Kleve's Kreiskommunalverband was one of hundreds of German district administrations that resorted to emergency currency — Notgeld — during the hyperinflation of 1923, when the Reichsbank could not print fast enough to keep pace with collapsing purchasing power. By the time 500,000-Mark denominations were circulating at the district level, the value they represented was already eroding within days of issue. Local authorities had both the legal latitude and the practical necessity to fill the gap.

The guilloche underprint is a nod toward anti-counterfeiting convention, though at this denomination and this moment in the inflation spiral, forgery was barely a rational crime.

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