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500 000 Mark Reichsbahndirektion

Issuer Reichsbahndirektion Frankfurt am Main
Year 1923
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Value 500 000 Mark (500 000)
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Obverse description Plain cream paper Notgeld voucher in horizontal format, with a fine guilloche vignette at left centre serving as the primary decorative element. The denomination FÜNFHUNDERTTAUSEND MARK is set in large bold Gothic block letters across the centre of the note, beneath the issuer heading in Fraktur script. A circular official seal of the Reichsbahn-Direktion Frankfurt (Main), bearing the German imperial eagle, is impressed at lower centre, accompanied by two manuscript signatures and the date Frankfurt a. M., 10. August 1923.
Obverse lettering Reichsbahndirektion Frankfurt am Main. Gut=Schein FÜNFHUNDERTTAUSEND MARK zahlt die Eisenbahn=Hauptkasse Frankfurt a. M. gegen diesen Gutschein dem Einlieferer, sobald gesetzliche Zahlungsmittel wieder zur Verfügung stehen. Der Gutschein wird von unsern sämtlichen Kassen an Zahlungs=statt angenommen. Der Zeitpunkt, mit dem die Gültigkeit abläuft, wird öffentlich bekannt gemacht werden. Frankfurt a. M., 10. August 1923. Reichsbahndirektion.
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Comments

The Reichsbahndirektion Frankfurt am Main was one of dozens of regional railway directorates that issued emergency currency — Notgeld — during the hyperinflation crisis of 1923, when the Reichsbank could not produce denominations fast enough to keep pace with collapsing purchasing power. Railway directorates held legal authority over their own operational finances, which gave them standing to issue transport-related scrip, though the notes circulated far beyond any strictly railway purpose.

By mid-1923, 500,000 Mark was a tram fare. This note's face value, staggering by any prior standard, was already modest within weeks of printing.

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