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1 000 000 Mark
| Issuer | Stadt Itzehoe (Notgeld, Prussian province of Schleswig-Holstein) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | NOTSCHEIN der STADT ITZEHOE DIE STADTHAUPTKASSE IN ITZEHOE ZAHLT GEGEN VORLAGE DIESES SCHEINES DEM EINLIEFERER EINE MILLION MARK DIESER SCHEIN KANN JEDERZEIT AUFGERUFEN WERDEN UND VERLIERT EINE WOCHE NACH ÖFFENTLICHER BEKANNTMACHUNG IN HIESIGEN TAGESBLÄTTERN SEINE GÜLTIGKEIT. ITZEHOE, den 11 AUGUST 1923. DER MAGISTRAT: Rohde (Translation: EMERGENCY BANKNOTE OF THE CITY OF ITZEHOE THE CITY TREASURY IN ITZEHOE WILL PAY THE DELIVERER UPON PRESENTATION OF THIS BANKNOTE ONE MILLION MARKS THIS NOTE MAY BE CALLED IN AT ANY TIME AND SHALL LOSE ITS VALIDITY ONE WEEK AFTER PUBLIC ANNOUNCEMENT IN LOCAL DAILY NEWSPAPERS. ITZEHOE, 11 AUGUST 1923. THE MAGISTRATE: Rohde) |
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| Protection type | Watermark |
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| Comments |
Itzehoe's million-mark Notgeld was designed by Wenzel Hablik, a Czech-born Expressionist painter and designer who had settled in Itzehoe in 1907 and remained there for the rest of his life. His involvement gives this inflationary emergency issue an unusual artistic pedigree — Hablik was a serious figure in the German Werkbund orbit, known for utopian architectural drawings and textile work, not municipal currency.
The note was issued as hyperinflation rendered Reichsbank denominations functionally useless faster than they could be printed. By the time a million-mark Notgeld note entered circulation in 1923, its purchasing power was already deteriorating by the hour.