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1 000 000 Mark

Issuer Stadt Ingolstadt (City of Ingolstadt)
Year 1923
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Size 196 × 82 mm
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Obverse description Letterpress print in black on white paper, with a grey underprint bearing the text 'Eine Million Mark' across the central field. The denomination 'Eine Million Mark' appears in large Gothic script, with 'Gutschein' (voucher) inscribed above; a black serial number is printed to one side.
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Signature(s) Dr. Gruber
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Comments

Ingolstadt's municipal administration — like hundreds of German towns in 1923 — was forced to issue its own emergency currency as the Reichsbank's printing presses failed to keep pace with hyperinflation. By the time million-mark denominations became necessary, the psychological threshold had already been crossed: notes of this face value were essentially small change within weeks of printing.

The engraver and signatory being the same individual — Dr. Gruber — suggests a genuinely local production, with little separation between design authority and administrative sign-off. Notgeld of this type was often printed by municipal printers or local commercial presses under tight deadline, accounting for the variable print quality seen across the series.

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