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500 Mark
| Issuer | Stadt Crefeld (City of Krefeld) |
|---|---|
| Year | 1922 |
| Type | Local banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | STADT CREFELD Fünfhundert Mark zahlt die Stadthauptkasse Crefeld dem Einlieferer dieses Gutscheines innerhalb eines Monats nach Aufruf in den Crefelder Tageszeitungen. Crefeld, den 28. September 1922 DER OBERBÜRGERMEISTER: REIHE K |
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| Protection description | Dry embossed municipal seal of the City of Crefeld applied to the note |
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| Comments |
Krefeld's 500 Mark note of 1922 is municipal emergency currency — Notgeld issued by the city itself rather than any banking institution, a direct consequence of the hyperinflationary spiral that made Reichsbank supply completely inadequate for daily commerce. By mid-1922, denominations that would have seemed absurd two years earlier were routine, and cities across the Rhineland were printing their own paper simply to keep markets functioning.
Worms & Lüthgen were a local Krefeld firm, which is consistent with the decentralized, improvised nature of this whole category. The dry stamp was the municipality's primary authentication device — without it, the note had no official standing.