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1 000 000 Mark

Issuer Magistrat der Stadt Bochum
Year 1923
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Value 1 000 000 Mark (1 000 000)
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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.

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