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500 000 Mark
| Issuer | Kreisausschuss des Kreises Ahrweiler |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | Gutschein über Fünfhunderttausend Mark Dieser Gutschein wird von der Kreissparkasse Ahrweiler bezw. deren Zweigstellen in Zahlung genommen. Er verliert seine Gültigkeit nach entsprechender Bekanntmachung in den Zeitungen des Kreises. Der Kreis Ahrweiler haftet für die Einlösung. Ahrweiler, den 5. Juli 1923. Der Kreisausschuß des Kreises Ahrweiler |
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| Reverse lettering | Gutschein über Mark 500000 Mark Fünfhunderttausend Mark |
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| Comments |
Ahrweiler's Kreisausschuss — the district executive committee — issued this 500,000 Mark note during the hyperinflation peak of 1923, when the Reichsbank's supply of emergency currency consistently failed to keep pace with collapsing purchasing power. District and municipal authorities across Germany were legally permitted to issue their own Notgeld to fill the gap, and the Kreis Ahrweiler, covering the wine-producing Ahr valley region of the Rhineland, was among hundreds of local bodies that exercised this right.
By mid-1923, half a million marks was barely sufficient for daily transactions — within weeks of issue, such denominations were already obsolete.