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500 000 Mark Stromeyer

Issuer Stromeyer & Co., Konstanz
Year 1923
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Currency Mark (1914-1924)
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Obverse description Yellow-toned emergency currency (Gutschein) printed in black letterpress on plain paper, with a wavy-line guilloche underprint across the entire field. The denomination 'Fünfhunderttausend Mark' is set in large Gothic blackletter type at centre, with the value 'Mk. 500 000.-' in the upper right. A circular oval stamp of the issuing firm Stromeyer & Co., Konstanz appears at lower left. The note bears a manuscript signature of L. Stromeyer & Co. across the lower centre, above the validity clause.
Obverse lettering Die Einlieferung bei genannten Banken hat bis spätestens 15. Jan. 1924 zu erfolgen. AUSGABE B. No. 17455 Gutschein über Mk. 500 000.- Fünfhunderttausend Mark ausgegeben wegen Mangel an gesetzlichem Bargeld Die Rheinische Creditbank Filiale Süddeutsche Diskonto-Gesellschaft Filiale Dresdner Bank Geschäftsstelle Gewerbe- und Handelsbank G.m.b.H. in KONSTANZ schreiben dem Einlieferer dieses Gutscheines den Gegenwert zu unseren Lasten gut. Konstanz, den 22. August 1923. Stromeyer & Co. Konstanz Ohne Unterschrift und Nummer ist dieser Gutschein ungültig.
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Comments

Stromeyer & Co. was a major linen and textile firm based in Konstanz — one of thousands of German commercial enterprises that issued their own emergency currency during the hyperinflation of 1923, when the Reichsbank simply could not print fast enough to meet demand. These privately issued Notgeld notes were legally permissible under the conditions of the time, though firms were technically liable for redemption in Reichsmarks on demand.

At 500,000 Mark, this note dates from the middle phase of the inflation spiral — by November 1923, denominations had reached the hundreds of billions. That context alone places it fairly precisely in the summer of 1923.

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