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| Issuer | Magistrat der Stadt Bochum |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 1 000 000 Mark (1 000 000) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Mk.: 1000000 NOTGELD DER STADT BOCHUM Eine Million Mark zahlen die städtischen Kassen in Bochum dem Einlieferer dieses Scheines Bochum, den 16. August 1923 Der Magistrat der Stadt Bochum Oberbürgermeister. Bürgermeister. Reihe L Nr. |
| Reverse description | Printed in black on cream paper within a wavy-line and rule border matching the obverse, the reverse carries a lightly printed panoramic vignette of the Bochum skyline as an underprint across the centre field. Over this underprint, the denomination "Eine Million Mark" is repeated in large Fraktur blackletter, flanked on either side by the legend "Notgeld der Stadt Bochum" with the municipal coat of arms of Bochum positioned between those words. A cautionary clause in small Fraktur type runs along the upper inner border, and a note of ministerial authorisation appears at the foot. |
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| Comments |
Bochum's municipal government, like hundreds of German cities and towns in 1923, was forced into issuing its own emergency currency — Notgeld — as the Reichsbank's output failed to keep pace with hyperinflation that was, by mid-year, doubling prices within days. The Magistrat had no printing authority in any conventional sense; civic necessity was the only mandate required.
Municipal million-mark notes from this period typically had lifespans measured in weeks before the denomination became functionally worthless. The Reichsbank's stabilization in November 1923 rendered all such Notgeld invalid, and redemption was either partial or never honored at all.