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1 000 000 Mark

Issuer Bezirksverband der Amtshauptmannschaft Zwickau
Year 1923
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Size 170 × 90 mm
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Obverse lettering GUTSCHEIN
Gegen diesen Gutschein zahlt der Bezirksverband der Amtshauptmannschaft Zwickau
EINE MILLION MARK
Der Gutschein ist gültig im Bezirke der Amtshauptmannschaft Zwickau und in der Stadt Zwickau während der in den Amtsblättern der Amtshauptmannschaft bekannt gegebenen Laufzeit. * Einlösung nur an der Kasse der Staatsbank in Zwickau.
Zwickau, den 20. August 1923.
Der Bezirksverband der Amtshauptmannschaft Zwickau
Amtshauptmann.
Reverse description Printed in grey-green on cream paper, the reverse is enclosed within a scalloped guilloche border over a fine diaper-pattern underprint. A central oval vignette set within an interlaced wreath cartouche presents an industrial landscape of factory buildings, a steam engine, chimneys, and a water tower evocative of the Zwickau mining and manufacturing district; the denomination "M. 1000000" is printed vertically in large Gothic numerals in both lateral margins, with the serial number and printer's imprint at the lower right.
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Comments

Zwickau's Amtshauptmannschaft — a regional administrative district rather than a municipal authority — issued this million-mark note during the hyperinflationary collapse of 1923, when the Reichsbank's supply of emergency currency consistently lagged behind the pace of price increases. Local and district authorities across Saxony were forced to commission their own Notgeld from whatever printers could handle the work quickly. F. Ollmann G.m.b.H., a Zwickau commercial printer, was not a specialist banknote press.

By the time notes of this denomination reached circulation, the purchasing power of one million marks was already negligible.

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