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1 000 000 Mark
| Issuer | Stadtkasse Fürth i.B. |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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|---|---|
| Obverse lettering | 1 000 000 M. zahlt die Stadtkasse Fürth i/B. gegen diesen Schein dem Einlieferer NOTGELD DER STADT FÜRTH i/B. Fürth, den 25. Aug. 1923 Stadtrat: 3. Bürgerm. Müller Oberbürgerm. Dr. Wild 2. Bürgerm. Dorn Eine Million |
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| Signature(s) | Müller (3. Bürgermeister) and Dr. Wild (Oberbürgermeister) and Dorn (2. Bürgermeister) |
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| Comments |
Fürth's municipal treasury — Stadtkasse, not a bank — became an emergency currency issuer like hundreds of German cities during the hyperinflation of 1923, when the Reichsbank simply could not produce denominations fast enough to keep pace with collapsing purchasing power. By the time million-mark notes were being printed at the local level, a single loaf of bread could cost more than the entire pre-war German national debt.
Three signatures were required for authorization: the Oberbürgermeister, two Bürgermeisters. That level of civic sign-off on what was essentially disposable emergency scrip reflects how seriously — or desperately — municipalities treated their legal exposure in issuing notgeld at this denomination.