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1 000 000 Mark Leusch & Co, Berlin und Ludwigshafen am See

Issuer Leusch & Co. Kommanditgesellschaft, Bankgeschäft
Year 1923
Type Local banknote
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Obverse description Log in to see details
Obverse lettering Wir bitten diesen Scheck im Zahlungsverkehr als Bargeld zu behandeln
Scheck geht in Ordnung
Leusch & Co. Kommanditgesellschaft, Bankgeschäft
Leusch & Co. Kommanditgesellschaft
Berlin-Charlottenburg 4 Bankgeschäft Wilmersdorfer Str. 107
Zahle gegen diesen Scheck aus unserem Guthaben an Überbringer
1.000.000 Mark
Eine Million Mark
Berlin-Ludwigshafen-See, den
Allgemeine Holzbau Akt.-Ges.
Der Vorstand
(Translation: We ask that you treat this check as cash for payment transactions.
Check is acceptable.
Leusch & Co. Limited Partnership, Banking
Leusch & Co. Limited Partnership
Berlin-Charlottenburg 4, Banking, Wilmersdorfer Str. 107
Pay against this check from our credit balance to bearer
1,000,000 Marks
One million Marks
Berlin-Ludwigshafen-See, the
Allgemeine Holzbau Akt.-Ges.
The Board of Directors)
Reverse description Plain cream paper reverse with no printed design, showing only the bleed-through impression of the obverse text and guilloche underprint visible through the thin paper stock.
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Comments

Leusch & Co. was a private banking firm — a Kommanditgesellschaft, meaning it carried the personal liability of at least one general partner — and this note is one of the notgeld issues that firm floated during the hyperinflation peak of 1923, when the Reichsmark was collapsing fast enough that million-mark denominations became routine within weeks of introduction. Private commercial banks issuing their own emergency currency was not unprecedented in Germany, but it was a measure of how thoroughly the Reichsbank had lost control of the payments system by mid-1923.

The dual city designation — Berlin and Ludwigshafen am See — reflects the firm's branch structure rather than any split printing arrangement.

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