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1 000 000 Mark overprint on 100 Mark
| Issuer | Goslar (notgeld), City of |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | 15 September 1923 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | GOSLAR AM HARZ 100 Einhundert Mark EINE MILLION MARK(2) |
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| Protection type | Watermark |
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| Comments |
Goslar's million-mark overprint on an existing 100 Mark note is a direct artifact of the German hyperinflation of 1923, when municipal authorities across the country resorted to rubber-stamping or typographically overprinting old stock rather than commissioning entirely new issues — there was simply no time. The underlying 100 Mark note became, overnight, worth a ten-thousandth of its face value once the overprint was applied.
The watermarked paper predates the overprint, inherited from the original 100 Mark production run.