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10 000 000 Mark
| Issuer | Bezirksverband der Amtshauptmannschaft Chemnitz |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein No Der Bezirksverband der Amtshauptmannschaft Chemnitz zahlt gegen Rückgabe dieses Gutscheines Zehn Millionen Mark Er verliert seine Gültigkeit einen Monat nach erfolgtem Aufruf in den Chemnitzer Blättern Chemnitz, den 24. August 1923. Bezirksverband der Amtshauptmannschaft Chemnitz. AMTSHAUPTMANN. BEZIRKSKASSIERER. 10000000 Mark BEZIRKSKRANKENHAUS RABENSTEIN. |
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| Reverse lettering | Gutschein No Der Bezirksverband der Amtshauptmannschaft Chemnitz zahlt gegen Rückgabe dieses Gutscheines Zehn Millionen Mark Er verliert seine Gültigkeit einen Monat nach erfolgtem Aufruf in den Chemnitzer Blättern Chemnitz, den 24. August 1923. Bezirksverband der Amtshauptmannschaft Chemnitz. 10000000 Mark |
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| Comments |
One of thousands of Notgeld issues churned out by German local authorities during the hyperinflation of 1923, this Bezirksverband Chemnitz note reflects the complete breakdown of central monetary supply in mid-year — by August 1923, the Reichsbank simply could not print fast enough to meet demand, and district councils, municipalities, and even private firms were authorized to fill the gap. The Amtshauptmannschaft Chemnitz, a Saxon administrative district, was one of countless such bodies that stepped in.
At 10 million Mark, this denomination was already obsolete within weeks of issue. The Reichsbank's stabilization via the Rentenmark in November 1923 rendered all such Notgeld worthless overnight.