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1 000 000 Mark
| Issuer | Bezirkssparkasse Traunstein |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Plain white note with a red-brown diamond-pattern border running the full perimeter. The issuing authority name "Bezirkssparkasse Traunstein" is set in bold letterpress type at the top centre, above the large denomination legend "1 Million Mark". A clause in smaller type states validity conditions, followed by the place and date "TRAUNSTEIN, 11. August 1923", a circular blue official stamp of the district, and two manuscript signatures of authorised signatories flanking the stamp. |
|---|---|
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| Reverse lettering | 1 Million 1 Million No. A. Hiller & Sohn, Traunstein. |
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| Comments |
Bezirkssparkasse Traunstein was one of hundreds of regional savings institutions across Bavaria that resorted to emergency currency — Notgeld — during the hyperinflation peak of 1923, when the Reichsmark collapsed so rapidly that local authorities couldn't wait for Berlin to supply adequate denominations. A. Hiller & Sohn was a local Traunstein printer, and the note was produced and circulated entirely within the district, giving it a decidedly provincial character compared to the more elaborately produced municipal issues from larger Bavarian cities.
By the time million-mark denominations became necessary, the notes were effectively losing value faster than they could be printed and distributed.