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1 000 000 Mark
| Issuer | Kreisgemeinde Pfalz |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 1 000 000 Mark (1 000 000) |
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| Obverse description | The obverse is printed in green and black on cream paper, with the heading "Notgeldschein der Kreisgemeinde Pfalz" in bold gothic lettering across the top, beneath which a large watermark-style underprint of the Palatinate coat of arms — an eagle on a shield — spans the centre field. The denomination "Eine Million Mark" is rendered in large gothic blackletter type, with the numeral "1 000 000 Mark" in roman type below; a serial number in a black-bordered box appears at upper right, and a dotted-border text panel at centre lower carries the legal guarantee and redemption clauses in fraktur script, followed by multiple manuscript signatures along the bottom margin. |
|---|---|
| Obverse lettering | Notgeldschein der Kreisgemeinde Pfalz Gültig nur im Regierungsbezirk Pfalz. Eine Million Mark 1 000 000 Mark Für diesen Notgeldschein haftet das gesamte Vermögen der Kreisgemeinde. Derselbe wird von sämtlichen Kassen der Reichsbank in Zahlung genommen. Dieser Notgeldschein wird ungültig, wenn er nicht innerhalb eines Monats nach erfolgter Bekanntmachung bei den veröffentlichten Einzugstellen eingereicht wird. Kreisgemeinde Pfalz |
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| Comments |
The Kreisgemeinde Pfalz — the district authority of the Palatinate — issued emergency currency during the hyperinflation peak of 1923, when the Reichsbank's own notes were losing value faster than they could be printed. District and municipal bodies across Germany were legally permitted to issue Notgeld to cover the catastrophic shortfall in usable small-denomination currency, though by mid-1923 "small denomination" had become a relative term — a million marks was barely enough for a loaf of bread.
The Palatinate was under French occupation at the time, a condition that complicated local economic administration considerably and gave regional authorities unusual autonomy in financial matters.