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| 正面描述 | The obverse is printed in brown on cream paper and enclosed within a multi-rule border composed of alternating wave and guilloche patterns. The central field carries a fine cross-hatched geometric underprint over which the denomination "EINE MILLION MARK" is set in large bold letterpress type, flanked by the notation "Mk. 1 000 000" at lower left and the serial number at lower right. Above the denomination, a header in Gothic script reads "Gutschein der Bayerischen Bauindustrie A.-G., München," while below it the issuance date "München, den 24. August 1923" and the issuer's name appear alongside the Bavarian lozenge arms as a small central vignette; two manuscript signatures appear below, attributed respectively to "Der Vorstand" and "Der Aufsichtsrat / Staatsminister u. D." |
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| 背面描述 | The reverse is printed in brown on cream paper within a double wave-rule border and presents a text-only composition in a clean letterpress layout. The large bold legend "EINE MILLION MARK" occupies the centre, preceded by "Dieser Gutschein über" and followed by the guarantee clause stating that the voucher is secured under the control of the Bayerische Staatsbank and the Bayerisches Staatsministerium des Innern. Anti-counterfeiting warnings are printed vertically in smaller type along both lateral margins. |
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Bayerische Bauindustrie A.G. was a Bavarian construction company — not a bank, not a municipality — and like hundreds of German industrial firms in the summer and autumn of 1923, it issued its own emergency currency to meet payroll when Reichsbank notes couldn't keep pace with hyperinflation. Workers were often paid daily, sometimes twice daily, as the mark's purchasing power collapsed between morning and afternoon shifts.
G. Franz'sche Buchdruckerei was a Munich commercial printer with no particular security printing background. The note exists because a construction firm needed to pay its laborers, not because any monetary authority sanctioned it.