Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
1 000 000 Mark Sächsische Staatsbank
| Issuer | Sächsische Staatsbank |
|---|---|
| Year | 1923 |
| Type | Local banknote |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | EINE MILLION MARK SÄCHSISCHE STAATSBANK · 1 MILLION MARK NOTGELD 1 MILLION MARK NOTGELD · SÄCHSISCHE STAATSBANK |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Achteckfliesen (octagonal tile pattern watermark) |
| Variants | Log in to see details |
| Comments |
Saxony's state bank — the Sächsische Staatsbank — was among the regional and municipal institutions authorized to issue emergency Notgeld during the hyperinflation peak of 1923, when the Reichsbank could not print fast enough to meet demand. By the time million-mark denominations became necessary, the face value of such notes was depreciating faster than they could be distributed; a note worth a loaf of bread in the morning might not cover it by afternoon.
The watermarked paper distinguishes this from the more roughly produced municipal issues of the same period, indicating the Staatsbank retained access to security paper stock even as the monetary system collapsed around it.