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1 000 000 Mark
| Issuer | Stadtgemeinde Hof (City Municipality of Hof an der Saale, Bavaria) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Nur gültig innerhalb der Stadt HOF bis zu dem in den Hofer Tageszeitungen bekannt gemachten Zeitpunkt. Stadtgemeinde Hof. Gutschein über Eine Million Mark. Hof, 6. August 1923. Stadtrat. II. Bürgermeister. Finanzreferent. Zur Ausgabe genehmigt durch Entschließung des Reichsfinanzministers vom 4. August 1923. Nachahmungen oder Fälschungen werden strafrechtlich verfolgt. |
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| Reverse lettering | Eine Million Mark. Der kluge Rat der Stadt allhier Macht sich Millionen aus Papier! Er durfte damit nicht mehr warten, Sonst druckte er vielleicht Milliarden. |
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| Comments |
Hof an der Saale was among thousands of German municipalities forced to print their own emergency currency — Notgeld — during the hyperinflationary collapse of 1923, when the Reichsmark was losing value faster than the Reichsdruckerei could supply denominations large enough to be useful. By the time a million-mark note was necessary for ordinary transactions, the figure had ceased to mean anything to the people spending it.
Municipal issues like this one were authorized under a patchwork of emergency decrees and varied enormously in paper quality and printing. Hof's issues are competently produced but unremarkable within the broader Bavarian Notgeld output — the interest lies in the denomination itself, a number that would have been unimaginable in German daily commerce just two years prior.