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| 正面铭文 | STADT FRANKFURT AM MAIN Gutschein über Eine Million Mark Die Einlösung dieses Scheines erfolgt bei der Stadthauptkasse Frankfurt am Main. Der Zeitpunkt, mit dem die Gültigkeit abläuft, wird öffentlich bekannt gemacht. DER MAGISTRAT FRANKFURT A.M. 1. AUGUST 1923 1000000 |
| 背面描述 | Printed in red-brown on cream paper, the reverse carries a bold guilloche frame enclosing a central cartouche with an ornate lathe-work surround; within the cartouche a circular vignette contains a spread eagle, flanked on either side by the numeral '1000000'. The heading 'GUTSCHEIN DER STADT FRANKFURT AM' runs across the top of the central panel, with 'ÜBER EINE MILLION MARK' in large letterpress at the foot. A separate vertical decorative guilloche panel occupies the left stub area. The printer's imprint 'C. Naumann's Druckerei, Frankfurt' appears at the bottom margin. |
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Frankfurt's municipal authorities, like dozens of German cities in 1923, were forced into the absurd position of printing their own emergency currency simply to pay wages and keep commerce moving while the Reichsbank struggled to produce legal tender fast enough to chase the inflation it could not stop. Carl Naumann's Druckerei was a local commercial printer with no particular history in banknote production — precisely the kind of firm that found itself taking these contracts by necessity rather than qualification.
By the time a million-mark denomination felt routine, it already wasn't enough.