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1 000 000 Mark
| Issuer | Bezirksverband der Amtshauptmannschaft Stollberg i. Erzgeb. |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 1 000 000 Marks (1 000 000) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | No [serial number] AMTSHAUPTMANNSCHAFT STOLLBERG 1.000000 Mark Die Kasse des Bezirksverbands der Amtshauptmannschaft Stollberg i. Erzgeb. wolle vergüten an den Inhaber dieser Anweisung Eine Million Mark Bezirksverband der Amtshauptmannschaft Stollberg i. Erzgeb. Stollberg i. E., 15. August 1923. Amtshauptmann. Kassierer. |
| Reverse description | The reverse is entirely unprinted, left blank on plain cream paper with no text, vignette, or ornamental device of any kind. |
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| Comments |
Stollberg's Amtshauptmannschaft — a district administrative body in the Saxon Erzgebirge — issued this million-mark note during the hyperinflationary collapse of summer 1923, when the Reichsbank simply could not print and distribute emergency currency fast enough to meet demand. Local authorities, municipalities, and even private firms were effectively authorized to fill the gap, producing what collectors now call Notgeld der Inflation, a category distinct from the earlier 1919–1921 "collector" Notgeld issued largely for profit.
Stollberg's industrial base — textiles and mining — meant wages had to be paid in something. A million marks bought little by the time these notes reached workers' hands.