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1 000 000 Mark

Issuer Stadt- und Landbürgermeisterei Rheinbach and Bürgermeisterei Ollheim
Year 1923
Type Local banknote
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Obverse description Pink and green letterpress-printed Notgeld on plain paper, enclosed within a floral vine border with ornamental corner motifs. The denomination "Eine Million Mark" is set in large script across the centre, with the numeral 1.000.000 below flanked by horizontal rules. Issuing authority inscriptions appear in the upper left and right corners, followed by a three-line redemption clause and validity notice in German text; the place and date line reads "Rheinbach — Ludendorf, 15. August 1923," beneath which two manuscript signatures of the Bürgermeisters appear under the legend "Die Bürgermeister:".
Obverse lettering Stadt- u. Landbürgermeisterei Rheinbach. / Gutschein über / Bürgermeisterei Ollheim. / Eine Million Mark / 1.000.000 / Die Kassen der Stadt Rheinbach sowie der Landbürgermeistereien Rheinbach und Ollheim geben für diesen Gutschein den gleichen Wert in Reichsbanknoten, sobald diese zur Verfügung stehen. Dieser Gutschein verliert seine Gültigkeit einen Monat nach Aufkündigung in den Rheinbacher Zeitungen. / Rheinbach — Ludendorf, 15. August 1923. / Die Bürgermeister:
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Comments

Rheinbach is a small town southwest of Bonn, and Ollheim a village parish within its administrative orbit. That two such minor local authorities jointly issued emergency currency at the million-mark level tells you exactly where Germany stood in the summer of 1923 — hyperinflation had so thoroughly collapsed the Reichsbank's supply chain that municipalities were printing their own denominations faster than the national presses could keep up. W. Raabe was a local printer, not a specialist banknote firm.

Joint issues between a Stadtbürgermeisterei and a subordinate Bürgermeisterei are uncommon in the Notgeld record, making the dual authority designation the most catalogically distinctive feature of this piece.

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