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| 正面描述 | Uniface typeset note printed on pale yellow-green paper with red security fibres distributed throughout the stock. The denomination "EINE MILLION MARK" appears in large bold Gothic blackletter type at the top centre beneath the issuer title "Reichsbanknote" in Fraktur script, with the body text stating the payment obligation of the Reichsbankhauptkasse in Berlin, the recall clause effective 1 September 1923, the issue date "Berlin, den 25. Juli 1923", and the signatory authority "Reichsbankdirektorium" flanked by two circular eagle seals above twelve facsimile signatures. An anti-counterfeiting warning legend runs vertically along the left margin, with the series letter and serial number printed in red at the right. |
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| 防伪类型 | Watermark, Security fibres |
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By August 1923, when this note entered circulation, the million-mark denomination was already becoming inadequate for routine transactions. The Reichsbank was printing on one side only to save time — double-sided printing had become a bottleneck. Some notes from this period were issued with wet ink, bundled, and shipped before they were fully dry.
Pick 94 was superseded within weeks by notes of ten, fifty, and then a hundred times the face value. A million marks bought a loaf of bread in early August; by November it could not.