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500 Mark overstamp on 5 Mark district issue

Issuer Kreisausschuss Lörrach (District Committee of Lörrach, Baden)
Year 1922
Type Local banknote
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Obverse description The obverse is based on the original 5 Mark Kriegsgeld district issue of 1 November 1918, printed in blue-green and olive tones over a light blue guilloche underprint, with a central vignette of two female figures in traditional Baden costume flanking a floral garland. Vertical letterpress inscriptions read 'KRIEGSGELD' in the left margin and 'KREISGELD' in the right, with the bold denomination 'MARK' flanking the central scene. A large red-brown cursive overstamp — 'Stadt Lörrach Gutschein 500 Mk.' with 'Gültig bis 15. November 1922' — is applied diagonally across the entire face, revaluing the note to 500 Mark for continued circulation during the hyperinflationary period.
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Reverse lettering 5 MARK
KRIEGSGELD
KREIS LÖRRACH
AMTSBEZIRKE: LÖRRACH, MÜLLHEIM, SCHOPFHEIM, SCHÖNAU
LÖRRACH, 1. NOV. 1918
DER KREISAUSSCHUSS
GÜLTIG BIS 5. FEBRUAR 1919
Stadt Lörrach Gutschein 500 Mk.
Gültig bis 15. November 1922
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Comments

Lörrach's district committee issued this note during the acceleration phase of German hyperinflation, when municipal and district authorities across the Reich were authorized — or simply took it upon themselves — to produce emergency currency (Notgeld) to fill the void left by the Reichsbank's inability to supply adequate denominations fast enough. The 500 Mark overstamp on an existing 5 Mark substrate is a direct physical record of that collapse: a note printed at one value, rendered nearly worthless within months, then mechanically restruck at a hundred times its face.

Such overstamped district issues from Baden are among the more straightforward of the period's emergency measures. The overstamp itself — rather than a fresh printing — was a practical shortcut that kept notes in circulation without commissioning entirely new stock.

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