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500 000 Mark Kandel

发行方 Gemeinde Kandel, Pfalz (Municipality of Kandel, Palatinate)
年份 1923
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印刷机构 Just & Söhne G.m.b.H.
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正面描述 Typeset Notgeld voucher printed in Fraktur blackletter script on cream paper with a repetitive geometric guilloche underprint bearing the denomination numerals 500000 and the word "Mark" in the four corners. The issuer title runs along the top, the denomination in large display type occupies the centre, and the payment clause and validity text appear below in smaller letterpress. A circular municipality cachet stamp is affixed at left, with two manuscript signatures at the foot.
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背面描述 Unprinted verso showing a mirror bleed-through of the obverse text in pale grey, with a simple rectangular border frame. The surface is plain paper with no additional design elements, typical of emergency Notgeld issues printed on one side only.
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Kandel is a small town in the southern Palatinate, and like hundreds of German municipalities in 1923, it issued its own emergency currency as Reichsbank notes became worthless faster than they could be printed. The 500,000 Mark denomination places this note in the late hyperinflationary spiral — by mid-1923, that figure bought approximately what a few Pfennig had purchased two years earlier.

Just & Söhne G.m.b.H. was a regional printer that handled Notgeld commissions for several Palatinate issuers during this period. Not a prestige house, but reliable for volume work under chaotic conditions.

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