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500 000 Mark Wolfen, Actien-Gesellschaft für Anilin-Fabrikation

Issuer Actien-Gesellschaft für Anilin-Fabrikation, Wolfen
Year 1923
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Composition Paper
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Reverse description Two-colour reverse with a large green guilloche rosette at left enclosing the denomination in blackletter, and overlapping brown circular guilloche vignettes at centre-right. 'Gutschein' in large blackletter at upper right; series and red serial number repeated below.
Reverse lettering Gutschein
Fünfhunderttausend Mark
Serie I
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Comments

Actien-Gesellschaft für Anilin-Fabrikation — better known today as AGFA — issued this note as Notgeld during the hyperinflation peak of 1923, when the Reichsmark was collapsing fast enough that industrial firms across Germany resorted to printing their own emergency wages currency to pay workers before the money lost meaningful value overnight. The Wolfen facility was AGFA's primary film and photochemicals manufacturing site, making it one of the more industrially significant sources of corporate Notgeld from the period.

The 500,000 Mark denomination places this squarely in the mid-1923 spiral, before denominations reached the billions and trillions that autumn.

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