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500 000 Mark Sächsische Bank
| Issuer | Sächsische Bank zu Dresden |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
| Composition | Log in to see details |
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| Obverse description | Cream-toned note with a rope-pattern border enclosing the entire face. A large, intricate multicolour guilloche rosette in green and rose occupies the centre, over which the denomination "Fünfhunderttausend Mark" is printed in bold Gothic blackletter script. Below the denomination, a two-line payment promise text names the Sächsische Bank zu Dresden, followed by the issue date "Dresden, den 15. August 1923" and the issuer's name in Gothic lettering; three manuscript signatures appear at the foot alongside their printed titles (Staatsvertreter and two Direktoren), with red serial numbers printed vertically on both left and right margins. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Printed entirely in dark green on a light green guilloche underprint, the reverse is typographically composed without pictorial vignettes. The issuer's name "SÄCHSISCHE BANK ZU DRESDEN" appears in large capitals at both the top and bottom of the design, framing the bold numeral "500.000" flanked above and below by the word "MARK"; a horizontal wavy-line guilloche band runs across the upper portion of the note, and a three-line anti-counterfeiting legal warning in small Gothic script is placed beneath the central numeral. |
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| Comments |
The Sächsische Bank zu Dresden was one of four German private note-issuing banks still operating during the hyperinflation of 1923, permitted under the German Banking Act to circulate their own notes alongside Reichsbank currency. By the time this 500,000 Mark denomination was authorized, the figure was already obsolescent — inflation was advancing faster than the presses could respond, and notes of this face value were worth days, sometimes hours, of purchasing power before needing replacement.
The print run of just over twelve million is modest relative to the Reichsbank's concurrent output, reflecting the Sächsische Bank's regional scope.