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1 000 000 Mark Teppichfabrikzentrale
| Issuer | Teppichfabrikzentrale A.-G. Leipzig |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 1 000 000 Mark (1 000 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| Obverse description | Single-sided letterpress Notgeld printed in black on cream stock, enclosed within a repeating decorative border of stylised motifs. The central denomination EINE MILLION MARK is set in large bold type beneath the legend Gutschein über, with series designation Serie C and a serial number in blue at upper right. The lower half carries a multi-line redemption text specifying payment through the Kasse der Teppichfabrikzentrale A.-G. Leipzig, Brühl, against Reichsbanknoten oder Verrechnungsschecks, below which appear an oval blue ink stamp of Schenk, Schmidt & Berndt, Oelsnitz, and a manuscript authorisation signature dated 18.8.23. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is unprinted, presenting a plain cream paper surface enclosed by a simple rectangular border. Show-through of the obverse letterpress impression is faintly visible in mirror image, and a hole-punch cancellation at left centre corresponds to that seen on the obverse face. |
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| Comments |
Teppichfabrikzentrale A.-G. was a rug and carpet manufacturing cooperative based in Leipzig, and this note is a product of the Notgeld emergency currency phenomenon at its most extreme — the hyperinflationary peak of 1923, when a one-million-mark denomination was not unusual for daily transactions. Private firms, municipalities, and cooperatives across Germany issued their own emergency scrip during this period because the Reichsbank simply could not print official currency fast enough to keep pace with collapsing purchasing power.
A carpet industry association issuing its own currency is unremarkable by 1923 standards. What it confirms is how thoroughly monetary authority had fragmented by mid-year.