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5000 Mark Sächsische Bank

Emittent Sächsische Bank zu Dresden
Jahr 1923
Typ Local banknote
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Vorderseitenbeschreibung The obverse is printed in teal and dark blue on a pale ground, with an elaborate guilloche border incorporating rosette ornaments at each corner and stylised pillar motifs flanking the central field. The denomination "Fünftausend Mark" is rendered in bold black Fraktur script across the upper portion, beneath a rectangular panel bearing the legend "SÄCHSISCHE BANKNOTE" in capitals. Circular medallions at left and right each carry the numeral "5000 MARK", while the central text block states the promise to pay, the issuing authority "Sächsische Bank zu Dresden", and the date "Dresden, den 12. März 1923", followed by three manuscript facsimile signatures above their respective titles.
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Rückseitenbeschreibung The reverse is executed entirely in teal on a pale ground, dominated by a large central guilloche rosette from which the bold numeral "5000" emerges in white-outlined figures, flanked by the word "MARK" above and below. Two smaller circular guilloche medallions at left and right each contain the stylised figure "5000". The design is enclosed within a multi-rule guilloche frame, and the field is divided into four text panels carrying the recall notice dated 1 October 1923 and the statutory counterfeiting warning prescribed under the German Penal Code.
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Anmerkungen

The Sächsische Bank zu Dresden was one of four German private note-issuing banks still operating under concession in the early 1920s, alongside the Bayerische, Badische, and Württembergische Notenbanken. Unlike the Reichsbank, these regional institutions had to seek Reichsbank approval before expanding their note circulation — a constraint that created genuine administrative friction during the hyperinflationary spiral of 1923, when the pace of monetary collapse made any approval lag potentially ruinous for local commerce.

A print run of over twelve million for a single denomination tells you something about the velocity of that collapse. Notes issued in early 1923 could be functionally worthless before the ink was properly dry.

DAS KÖNNTE IHNEN AUCH GEFALLEN