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500 Mark
| Issuer | Stadtgemeinde Hof (City Municipality of Hof an der Saale, Bavaria) |
|---|---|
| Year | 1922 |
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| Composition | Log in to see details |
| Size | 145 x 109 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Nur gültig innerhalb der Stadt HOF bis zu dem in den Hofer Tageszeitungen bekannt gemachten Zeitpunkt. Stadtgemeinde Hof. Gutschein über Fünfhundert Mark Hof, 6. Oktober 1922. Stadtrat. Zur Ausgabe genehmigt durch Entschließung des Reichsfinanzministers vom 29. September 1922 U c 2469. Nachahmungen oder Fälschungen werden strafrechtlich verfolgt. |
| Reverse description | Log in to see details |
| Reverse lettering | 500 Mark halb bürgerlich, halb rot der Rat Gewissenhaft sorgt für die Stadt. Gar manches Gute er schon schuf! Seht! Hof ist besser als sein Ruf! Gar manchmal von oben Zur Seite geschoben, hat Hof geschafft In eigner Kraft! |
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| Comments |
Hof an der Saale was a textile and railway town in Upper Franconia, and its municipal administration — like hundreds of German cities — was forced into issuing its own emergency currency in 1922 as hyperinflation outpaced the Reichsbank's ability to supply adequate small change and mid-denomination notes. This 500 Mark piece is Notgeld in its later, more desperate phase: not the decorative collector-oriented issues of 1920–21, but a functional stopgap produced under genuine fiscal pressure.
By late 1922, 500 Mark was already losing purchasing power fast enough that municipal treasuries were printing new denominations within weeks of each issue.