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1 000 000 Mark Krupp

Uitgever Fried. Krupp Aktiengesellschaft, Essen
Jaar 1923
Type Log in om details te zien
Waarde Log in om details te zien
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Afmetingen Log in om details te zien
Vorm Rectangular
Drukker Log in om details te zien
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Beschrijving voorzijde The obverse is printed in dark brown on a pale green guilloche underprint, with the full field occupied by typeset and letterpress text in Gothic Fraktur script. The issuer's name "Fried. Krupp Aktiengesellschaft, Essen" appears at the top, above the large central denomination inscription "Eine Million Mark" and the numeral "1000000", set within an elaborate wavy-line guilloche panel. The date "Essen, 24. Juli 1923" is at lower left, with the validity clause "diesen Gutschein in Zahlung bis 31. Dez. 1923" and three manuscript signatures of the Direktorium at lower right; a serial number is printed in blue at the top centre.
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Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Eine Million Mark
Eine Million Mark
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Beschrijving beveiliging Log in om details te zien
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Opmerkingen

Krupp's issuance of emergency currency during the 1923 hyperinflation was not merely a corporate convenience — it was industrial necessity. The Reichsbank could not print fast enough to meet payroll demands, so major firms like Fried. Krupp AG were authorized to issue their own notgeld, denominated in marks that were already losing value faster than the ink dried. A million marks in August 1923 bought roughly what ten marks had bought two years earlier.

Krupp's notes circulated almost exclusively within the company's own wage and canteen economy in Essen — accepted by local merchants by informal agreement rather than legal obligation.

MISSCHIEN OOK INTERESSANT