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1 000 000 Mark Fried. Krupp - Friedrich-Alfred-Hütte
| Issuer | Fried. Krupp Aktiengesellschaft, Friedrich-Alfred-Hütte |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Notgeld voucher printed in dark green on light green paper, entirely typeset within a fine guilloche border of interlocking wave patterns. The issuer's name 'FRIED. KRUPP AKTIENGESELLSCHAFT / FRIEDRICH-ALFRED-HÜTTE' appears in bold letterpress at the top, above a central guilloche rosette vignette overlaid with the large denomination text 'EINE MILLION' and the numeral '1 000 000 MARK' in heavy display type. The place and date 'Rheinhausen (Niederrhein), 6. August 1923' are set at lower left, with the authorising legend 'DIE DIREKTION:' and a manuscript signature at lower right. |
|---|---|
| Obverse lettering | FRIED. KRUPP AKTIENGESELLSCHAFT FRIEDRICH-ALFRED-HÜTTE nimmt für EINE MILLION MARK 1000000 MARK diesen Gutschein in Zahlung bis zum 31. Dezember 1923. Rheinhausen (Niederrhein) 6. August 1923. DIE DIREKTION: |
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Krupp's Friedrich-Alfred-Hütte steelworks, located in Rheinhausen on the Rhine, issued this emergency million-mark note during the hyperinflation peak of 1923 — a period when major industrial firms across the Ruhr were printing their own Notgeld simply to meet weekly payroll. By mid-1923, the Reichsmark was losing value faster than the Reichsdruckerei could print denominations large enough to keep pace, and factory-issued scrip became a practical necessity rather than a novelty.
Friedrich-Alfred-Hütte was Krupp's primary steel and armor plate facility, named after Friedrich Alfred Krupp, the son of Alfred. The plant's captive currency was accepted at company stores and by local merchants dependent on Krupp wages — its geographic reach was narrow and its lifespan, measured in weeks.