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| 正面描述 | Letterpress-printed note in black on cream paper with a geometric honeycomb watermark underprint. A central vignette presents a detailed architectural elevation of Düsseldorf's Old Town Hall (Rathaus), flanked on both sides by the denomination numeral '500000 MARK' and the issuer legend 'STADT: DUSSELDORF'. The series designation 'REIHE: II' appears at lower left, with the date '15. August 1923' and a facsimile signature of the Oberbürgermeister at lower right. |
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| 背面描述 | Printed in black on cream paper with a honeycomb watermark underprint. The denomination numeral '500000' is set in large spaced figures across the upper field, with the crowned Düsseldorf lion heraldic vignette centred between the digits. A double rule band below carries the legend 'FÜNFHUNDERTTAUSEND MARK' in bold letterpress, and a smaller text line at foot cites the authorising ordinance of the Reichsfinanzministerium. |
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Düsseldorf was under French and Belgian military occupation during the Rhineland crisis when this note was issued, which complicated — and in some cases delayed — local emergency currency production. The city was among hundreds of German municipalities forced into notgeld issuance as Reichsbank currency became functionally worthless during the hyperinflation peak of 1923, when the mark's collapse accelerated so fast that denominations issued one week were already too small to be useful the next.
The watermarked paper is one of the few concessions to anti-counterfeiting at a moment when forgery was almost economically irrational — by the time a fake note circulated, its face value had often already been wiped out by inflation.