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1 000 000 Mark Bayerische Braunkohlen-Industrie
| Issuer | Bayerische Braunkohlen-Industrie-Aktien-Gesellschaft, Schwandorf (Oberpfalz) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 1 000 000 Mark (1 000 000) |
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| Obverse description | Printed in brown on an ochre-orange ground, the note is framed by an intricate guilloche border with ornamental corner pieces, each bearing the numeral '1000000'. At the top centre, a crowned heraldic shield with crossed hammers — the emblem of the issuing mining company — serves as the central vignette. The denomination 'Eine Million Mark' is rendered in large, bold Fraktur script across the centre, with the issuer's name, place of issue 'Schwandorf (Oberpfalz)', date '8. Aug. 1923', and a manuscript signature printed below. |
|---|---|
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| Reverse lettering | Wer Banknoten nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Zuchthaus nicht unter zwei Jahren bestraft Das Ende der Laufzeit dieses Gutscheines wird durch Ausschreibung in den Tagesblättern bekannt gemacht. Die Einlösung erfolgt dann durch die nebenstehend aufgeführten Banken Dieser Gutschein wird eingelöst an der Kasse der Gesellschaft in Wackersdorf, an den Kassen der Filialen der Deutschen Bank in München / Nürnberg Regensburg und Augsburg, an der Kasse der Bayerischen Hypotheken- und Wechsel-Bank in München und an den Kassen des Bankgeschäftes Karl Schmidt in Hof und seiner sämtlichen Filialen |
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| Comments |
Bayerische Braunkohlen-Industrie AG was a lignite mining operation based in Schwandorf, Upper Palatinate — a region whose brown coal deposits had been commercially exploited since the mid-nineteenth century. Like hundreds of German industrial firms in 1923, the company issued its own emergency currency because the Reichsbank simply could not print fast enough to meet payroll demands during the hyperinflation peak. These Notgeld obligations were technically advances against wages, not legal tender, and their validity was usually limited to the issuing company's own workers and local merchants willing to accept them.
The one-million mark denomination, absurd by any pre-1922 standard, was routine by mid-1923.