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1 000 000 Mark Holzverkohlungs-Industrie A.G.

Issuer Holzverkohlungs-Industrie A.G. (HIAG), Konstanz
Year 1923
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Value 1 000 000 Marks (1 000 000)
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Obverse lettering No. Ausgabe A Mk. 1000000.-
Gutschein
über
Eine Million Mark
ausgegeben wegen Mangels an gesetzl. Bargeld
Die Rheinische Creditbank Konstanz, Dresdner Bank Konstanz, Gewerbe- u. Handelsbank Konstanz, Südd. Diskontobank Konstanz schreiben dem Einlieferer dieses Gutscheins den Gegenwert zu unseren Lasten gut.
Konstanz, den 15. August 1923.
Holzverkohlungs-Industrie A. G.
Ohne Nummer, ohne die bezeichneten Unterschriften und ohne Durchlochung mit H I A G ist dieser Gutschein ungültig.
Die Einlieferung bei den genannten Banken hat spätestens bis zum 15. Okt. 23 zu erfolgen.
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Protection type Perforation
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Comments

HIAG — Holzverkohlungs-Industrie AG — was a wood distillation company based in Konstanz, not a bank or municipality. That a chemical manufacturer was printing million-mark notes in 1923 tells you everything about the Weimar hyperinflation's peak months, when the Reichsbank effectively deputized private industry to issue Notgeld simply to keep payroll moving. Companies printed what they needed, when they needed it.

The perforation as the sole security feature is characteristic of emergency industrial issues with no access to specialist security printers. HIAG almost certainly ran these on in-house or local commercial equipment.

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