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| Issuer | Gemeinde Schleiz (City of Schleiz, Thuringia) |
|---|---|
| Year | 1923 |
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| Value | Log in to see details |
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| Printer | Otto Henning A.G., Greiz, Germany |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein der Gemeinde Schleiz. EINE MILLION MARK zahlt die Kämmereikasse in Schleiz gegen Rückgabe dieses Gutscheines bis zum Ablauf der in der Schleizer Zeitung bekannt zu gebenden Laufzeit. Schleiz, den 11. August 1923. Der Gemeindevorsteher. 1 000 000 |
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| Reverse lettering | Wer Gutscheine nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Zuchthaus nicht unter zwei Jahren bestraft. MARK 1000000 MARK No 1888 Dieser Schein gilt nur bis zum Ablauf der in der Schleizer Zeitung bekannt zu gebenden Laufzeit |
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| Comments |
Schleiz is a small administrative town in the Reuss principalities region of Thuringia, and like hundreds of German municipalities in 1923, it was forced into issuing its own emergency currency — Notgeld — as hyperinflation made Reichsbank supply wholly inadequate for daily commerce. By mid-1923, a million marks was roughly the price of a loaf of bread, which gives some sense of how rapidly this denomination became mundane rather than remarkable.
Otto Henning A.G. in nearby Greiz was a regional printer that handled Notgeld commissions for several Thuringian municipalities during this period, making the logistics straightforward even as the monetary situation was anything but.