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1 000 000 Mark

Issuer Stadt Odenkirchen (City of Odenkirchen)
Year 1923
Type Local banknote
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Obverse description The municipal coat of arms of Odenkirchen (now a district of Mönchengladbach) is positioned to the left of the face, serving as the principal vignette. The text is arranged in letterpress across the note, including the denomination, issuer name, and the full voucher legend, with spaces reserved for a control number and two manuscript signatures of the Bürgermeister and the Kontrollbeamte. The note is dated 5 August 1923, issued at the height of the German hyperinflation period.
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Protection type Watermark
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Comments

Odenkirchen was a small industrial town in the Rhineland — today absorbed into Mönchengladbach — that, like hundreds of German municipalities in 1923, was forced to issue its own emergency currency as Reichsbank notes became worthless faster than they could be printed. This Notgeld at one million Mark was not an extraordinary denomination for its moment; by late 1923 a single loaf of bread could exceed that figure before noon.

Wezel & Naumann of Leipzig were among the busiest commercial printers of the hyperinflation period, handling municipal contracts across the Reich when dedicated banknote printers were overwhelmed. The watermarked paper signals an attempt at basic security on what was, in practical terms, a disposable instrument.

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