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1 000 000 Mark

Issuer Städte- und Staatsbank der Oberlausitz, Zittau und Bautzen
Year 1923
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Value 1 000 000 Mark (1 000 000)
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Obverse lettering NOTGELD der Städte Zittau und Bautzen, sowie der Bezirksverbände Kamenz, Löbau und Zittau.
Die Städte- und Staatsbank der Oberlausitz in Zittau und Bautzen ist beauftragt,
Eine Million Mark
gegen diesen Schein zu zahlen.
Auch die sämtlichen staatlichen Kassen der Kreishauptmannschaft Bautzen, der Sächsischen Staatsbank mit ihren Niederlassungen in Dresden, Leipzig und Zwickau und die Staats- und Bezirksbank Obervogtland Aktiengesellschaft in Auerbach i. V., Klingenthal, Plauen i. V. zahlen Eine Million Mark gegen diesen Schein. Diese Note kann jederzeit durch Bekanntmachung in den zuständigen Amtsblättern zum Umtausch gegen andere Zahlungsmittel aufgerufen werden.
Zittau, Bautzen, den 16. August 1923.
Städte- und Staatsbank der Oberlausitz.
Reverse description The reverse is printed in violet-brown by lithography on plain paper, centred on a large allegorical vignette of a winged female figure — likely a personification of St. Afra or commerce — with outstretched wings against a fine guilloche underprint repeating the inscription 'ST.AFRA' in a diaper pattern across the entire field. The denomination numeral '1000000' is printed in blue at the top centre above the vignette, while a serial number appears at the left and an anti-counterfeiting warning in Gothic script occupies the right margin. An oval trade seal of the firm E.I. Kempe & Co. is placed at lower left, and the printer's imprint 'Lithogr. Kunst-Anstalt Gebrüder Weigang Bautzen' appears along the lower margin.
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Comments

The Städte- und Staatsbank der Oberlausitz was a regional institution jointly serving Zittau and Bautzen — an unusual dual-city arrangement that reflected the cooperative municipal banking structures common in Saxony before the Weimar inflation years dissolved most of them into irrelevance. This one-million Mark note dates to the height of the hyperinflation crisis, when local authorities and regional banks were issuing Notgeld simply to keep commerce moving as Reichsbank supply collapsed under the weight of its own printing schedule.

Gebrüder Weigang in Bautzen handled production — a local press taking on local paper money, which was the norm by mid-1923.

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