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500 000 Mark Kreissparkasse

Issuer Kreissparkasse des Landkreises Linden
Year 1923
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Value 500 000 Mark (500 000)
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Protection type Guilloche underprint
Protection description A vertical band of red guilloche rosette underprint runs centrally across the obverse, serving as a basic anti-counterfeiting measure typical of German Notgeld issues of the hyperinflation period.
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Comments

The Kreissparkasse des Landkreises Linden was one of hundreds of district savings banks that issued emergency currency — Notgeld — during the hyperinflation of 1923, when the Reichsbank's output simply could not keep pace with denominations climbing into the millions. By August of that year, half a million marks was barely enough to buy a loaf of bread, which meant notes at this level had a functional lifespan measured in days before the denomination itself became insufficient.

The guilloche underprint was a rudimentary anti-counterfeiting measure, though with inflation accelerating weekly, the economic incentive to forge any given denomination evaporated almost as fast as its purchasing power.

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