Germany, Westphalia 1/4 Millón Mark 1923 - NGC MS63

GERMANY. Westphalia. 1/4 Million Mark. 1923.

- Value: 1/4 Million Mark.
- Year: 1923.
- Inscriptions: Obverse: FRH. WILH. V. FÜRST VON FÜRSTENBERG. Reverse: NOTGELD · PROVINZ WESTFALEN · 1/4 MILLION MK. · 1923.
- Grade: MS63 (NGC).

Coin of 1/4 Million Mark issued as Notgeld by the Prussian province of Westphalia during the German hyperinflation of 1923. The obverse features the bust of Franz Wilhelm von Fürstenberg, a prominent reformer, educator and statesman of Westphalia, surrounded by his name in Gothic lettering, in a portrait of great sobriety and careful execution. The reverse shows the rearing horse, a traditional symbol of Westphalia, accompanied by the legend Notgeld, the name of the province, the face value of 1/4 Million Mark and the issue date. The design reflects the need to introduce ever higher denominations as a consequence of the rapid devaluation process of the German mark. The specimen features well-defined reliefs, homogeneous surfaces and an attractive original satin sheen, with slight contact marks in keeping with the MS63 grade awarded by NGC. These emergency issues constitute a valuable numismatic testimony of the 1923 hyperinflation crisis, one of the most significant monetary episodes in Germany's economic history.

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