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| 正面描述 | Typeset notgeld voucher printed in dark brown on cream paper, with a decorative letterpress border of stylised floral and foliate ornaments enclosing a double-rule frame. Series designation 'Serie A' appears at upper left and a serial number at upper right; the denomination 'EINE MILLION' is set in large bold capitals at centre, beneath the title 'Gutschein über'. A five-line redemption text in smaller roman type occupies the middle field, followed by the place and date 'Auerbach / Leipzig, 18. 8. 23.' at lower left, with a handwritten signature and a violet rubber stamp reading 'AUERBACHER TEPPICH-FABRIK' at lower right. The note has a characteristic clipped upper-right corner. |
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| 正面铭文 | Serie A Gutschein über EINE MILLION Die Einlösung dieses Gutscheines erfolgt nach Aufruf spesenfrei im Verrechnungswege durch die Kasse der Teppichfabrikzentrale A.-G. Leipzig, Brühl 71, gegen Reichsbanknoten oder Verrechnungsschecks. Auerbach / Leipzig, 18. 8. 23. AUERBACHER TEPPICH-FABRIK |
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Teppichfabrikzentrale A.-G. was a carpet manufacturing and wholesale firm based in Leipzig — not a bank, not a municipality, not a railway. During the hyperinflation peak of 1923, the Reichsbank actively encouraged large commercial enterprises to issue their own notgeld as a stopgap, since the central presses simply could not produce currency fast enough to keep pace with collapsing purchasing power. This note is a direct product of that policy.
Leipzig firms issued notgeld prolifically in 1923, and trade-company scrip of this type typically circulated only among employees and local suppliers before being redeemed — or, more often, rendered worthless within days by the next round of devaluation.