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| 正面描述 | Dark violet and pink Notgeld printed in Fraktur blackletter script. The denomination "1 Million" appears in white on solid dark banners at top and bottom, flanking a central text block with the municipal coat of arms of Wald as a pale underprint. Ornate floral cornerpiece vignettes frame the design, with the mayor's manuscript signature and serial number prefix "C" at lower left and right. |
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| 正面铭文 | 1 Million Gutschein der Stadt Wald über Eine Million Mark Dieser Gutschein wird von allen Kassen der Stadtgemeinde Wald eingelöst. Der Gutschein verliert seine Gültigkeit nach Aufkündigung in den Zeitungen des oberen Kreises Solingen Wald, 5.August 1923. Der Bürgermeister : (Translation: 1 Million Voucher of the City of Wald for One Million Marks This voucher is honored by all cash offices of the municipal community of Wald. The voucher loses its validity after cancellation in the newspapers of the upper district of Solingen Wald, August 5, 1923. The Mayor :) |
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Wald was an industrial town in the Bergisches Land, administratively separate from Solingen until the two were merged by municipal decree in 1929. Like hundreds of German municipalities in 1923, Wald issued its own Notgeld when Reichsbank notes failed to keep pace with hyperinflation — the million-mark face value, staggering at the time of printing, was rendered effectively worthless within weeks as the inflation continued its acceleration toward the billion and trillion-mark issues that followed by autumn.
Walther Stöpfgeshoff was a local Solingen printer, not a specialist currency house. The note's production reflects the practical reality of 1923 municipal finance: you used whoever was nearby and available.