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1 000 000 Mark

Issuer Füssen, City of
Year 1923
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Printer B. Holdenrieds Buchdruckerei (Gebr. Keller), Füssen/Allgäu
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Obverse description Plain coarse off-white paper stock with letterpress text printed in light green and black. The denomination and voucher text are set in Gothic blackletter typeface, with the issuing authority, validity conditions, and redemption notice arranged in successive text blocks across the note face.
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Protection description Bogenkreuzmuster (arc cross pattern), catalogued as Keller #174
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Comments

Füssen's million-mark note dates from the hyperinflation peak of summer–autumn 1923, when German municipal authorities were legally permitted to issue emergency currency — Notgeld — to compensate for the Reich's inability to supply adequate denominations fast enough for daily commerce. By August 1923, a million marks would buy roughly a loaf of bread, and even that figure was changing by the hour.

B. Holdenrieds Buchdruckerei was a local Füssen press, and the watermarked paper suggests an attempt at rudimentary security on a note whose face value was already obsolete before the ink dried.

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