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1 000 000 Mark
| Issuer | Bünde, City of |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 1 000 000 Mark (1 000 000) |
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| Composition | Log in to see details |
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| Obverse description | Plain unadorned note printed in blue-grey letterpress on cream paper, framed by a simple single-rule border. The heading "Gutschein der Stadt Bünde i. Westf." appears at the top, with the denomination "Mark 1.000.000 Mark" in large bold Gothic script at centre. The word-form "Eine Million" is set below the numeral denomination, followed by the redemption clause, issue date of 25 August 1923, and the magistrate's authority line at the foot. |
|---|---|
| Obverse lettering | Gutschein der Stadt Bünde i. Westf. Mark 1.000.000 Mark Eine Million Die Stadtkasse löst diesen Gutschein bis 1. Dezember 1923 ein. Bünde, den 25 August 1923 Der Magistrat (Translation: Voucher of the City of Bünde in Westphalia Mark 1,000,000 marks A million The city treasury will redeem this voucher until December 1, 1923. Bünde, August 25, 1923 The magistrate) |
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| Comments |
Bünde was a linen-weaving town in the Ravensberg district, and like hundreds of German municipalities in 1923, it issued its own emergency currency — Notgeld — because the Reichsbank simply could not print and distribute official notes fast enough to keep pace with hyperinflation. By the time a one-million-mark denomination was necessary for daily transactions, the currency was collapsing faster than any central authority could manage. The city turned to W. Cordes, a local lithographic firm, rather than waiting for a national solution that would have arrived too late to matter.
Municipal Notgeld of this period was printed at the issuer's own risk, redeemable only locally. W. Cordes also printed for other Westphalian municipalities during the same period, making press attribution on unsigned examples occasionally tricky.