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1 000 000 Mark
| Issuer | Städtische Sparkasse Gummersbach (Stadtbank) |
|---|---|
| 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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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Lohnscheck Nr. M. 1,000,000 Die Städtische Sparkasse Gummersbach — Stadtbank — wolle zahlen gegen diesen Scheck Eine Million Mark Die Stadtkasse übernimmt während der Gültigkeitsdauer die Verpflichtung zur Einlösung dieses Schecks im Verrechnungswege. Gummersbach, den 9. August 1923. Die Stadtkasse. Dieser Scheck hat nur Gültigkeit bis zum 30. September 1923. Oberbergische Buchdruckerei und Verlagsanstalt, Gummersbach |
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| Protection type | Watermark, Embossed seal |
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| Comments |
Gummersbach's municipal savings bank issued this million-mark note in 1923 as Notgeld — emergency currency produced locally when the Reichsbank could no longer supply denominations fast enough to keep pace with hyperinflation. By the time notes of this face value were entering circulation, a million marks was already insufficient for daily purchases; the inflationary spiral was accelerating faster than any printer could respond.
The Oberbergische Buchdruckerei was a regional commercial printer pressed into currency production under extraordinary circumstances. The embossed seal was the municipality's primary authentication method — a practical choice when sophisticated intaglio work was neither available nor affordable locally.