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500 000 Mark Landesbank der Rheinprovinz
| Issuer | Landesbank der Rheinprovinz |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 500 000 Mark (500 000) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Fünfhunderttausend Mark Die Landesbank der Rheinprovinz in Düsseldorf zahlt dem Vorzeiger Fünfhunderttausend MARK Der Zeitpunkt der Einlösung wird öffentlich bekannt gemacht. Düsseldorf, den 1. August 1923 Landesbank der Rheinprovinz General-Direktion SIEGEL DER RHEINPROVINZ 500 000 |
| Reverse description | The reverse is printed in black with the same vertical olive-yellow underprint band and carries a large central oval vignette of the Rheinprovinz coat of arms, supported by two armoured figures holding flagstaffs surmounted by an imperial eagle, set within a finely engraved guilloche border. The title "Landesbank" and "Rheinprovinz" appear in bold Gothic blackletter to the left and right of the vignette respectively. Below, two large overlapping ovals each contain the numeral "500 000", separated by the circular "Siegel der Rheinprovinz" seal with a Prussian eagle at centre; the entire composition is framed by dense acanthus and rope-twist ornamental borders. |
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| Comments |
The Landesbank der Rheinprovinz was one of dozens of regional and municipal institutions that issued emergency inflation currency during the hyperinflation crisis of 1923 — but its position in the occupied Rhineland gave its notes an added political dimension. French and Belgian troops had occupied the Ruhr in January 1923, and the German government's policy of passive resistance, funded by a printing press running at full speed, accelerated the currency's collapse to the point where 500,000 Mark barely covered a tram fare by mid-year.
Printed locally in Düsseldorf, within the occupation zone itself.