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| 正面描述 | Plain cream-toned notgeld issued on a single-sided letterpress-printed sheet, enclosed within a decorative border of repeating geometric and dot motifs. The denomination '1 000 000 Mk.' appears in black at the upper left and right corners, with a red serial number at centre top, below which the word 'GUTSCHEIN' is set in spaced capitals; the value 'Eine Million Mk.' is printed in large bold red type at centre. A text block in German gothic script specifies the redemption conditions through the Bayerische Vereinsbank and Bayerische Hypotheken- und Wechselbank branches in Bad Reichenhall, dated 20. August 1923, above the legend 'Stadtrat Bad Reichenhall:' and five manuscript signatures flanking a circular municipal seal bearing the Bavarian arms. |
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| 正面铭文 | 1 000 000 Mk. GUTSCHEIN Eine Million Mk. Dieser Gutschein wird sofort nach Behebung des Bargeldmangels zur Einlösung aufgerufen. Die Einlösung erfolgt durch die Bayer. Vereinsbank Fil. Bad Reichenhall, Bayer. Hypotheken- und Wechselbank Fil. Bad Reichenhall, Stadthauptkasse Bad Reichenhall. Bad Reichenhall, 20. August 1923. Stadtrat Bad Reichenhall: Zugschwerdt's Nachf. (J. Wiedemann), Bad Reichenhall. |
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Bad Reichenhall's municipal council issued this one-million mark note during the hyperinflation peak of 1923, when local authorities across Germany were legally permitted — and practically forced — to print their own emergency currency, known as Notgeld, to keep commerce moving as the Reichsbank struggled to supply adequate denominations fast enough.
Zugschwerdt's Nachf. (J. Wiedemann) was a local Bad Reichenhall printer, not a specialist security firm. That matters: municipal Notgeld from small regional printers at the million-mark level is far more variable in paper quality and print registration than issues from the larger commercial houses, and fading or ink bleed is not uncommon in the type.