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1 000 000 Mark Rheinische Stahlwerke
| Issuer | Rheinische Stahlwerke A.G. |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 1 000 000 Mark (1 000 000) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Die Rheinischen Stahlwerke A. G. in Duisburg-Meiderich zahlen dem Einlieferer dieses Scheines Eine Million Mark Die Einlösung erfolgt an unseren Kassen in Duisburg-Meiderich, Essen, Wattenscheid und Marl, sowie bei den dortigen Privatbanken. Der Schein verliert am 31. Dezember 1923 seine Gültigkeit. Eine frühere Aufrufung durch die Tageszeitungen der oben genannten Orte behalten wir uns vor. Duisburg-Meiderich, den 8. August 1923. RHEINISCHE STAHLWERKE 1 Million |
| Reverse description | Log in to see details |
| Reverse lettering | 1000 000 1000 000 1000 000 1000 000 |
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| Comments |
Rheinische Stahlwerke was one of the major Ruhr industrial firms that began issuing its own emergency currency — Notgeld — during the hyperinflation of 1923, when the Reichsmark was collapsing fast enough that workers needed to be paid in something spendable before wages lost all value between Friday and Monday. The steel company printed and distributed this note directly through its payroll operation at the Duisburg-Meiderich works.
By the time million-mark denominations became necessary, the Rentenmark stabilization was only weeks away. Many of these industrial Notgeld issues were redeemed and pulped almost immediately, which keeps surviving examples genuinely scarce despite the enormous print runs that hyperinflation demanded.