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10 000 000 Mark
| Issuer | Stadt Neuss (City of Neuss) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
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| Composition | Paper |
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|---|---|
| Obverse lettering | Stadt Neuss 10 MILLIONEN 10.000.000 MARK Der Zeitpunkt der Einlösung wird öffentlich bekannt gegeben Neuss, 17. Septbr. 1923 Der Oberbürgermeister |
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| Reverse lettering | Reihe 1 ZEHN MILLIONEN MARK STADT NEUSS Ausgegeben auf Grund der Ermächtigung des Reichsfinanzministeriums :: Die Stadt Neuss zahlt bei ihren Kassen dem Vorzeiger zehn Millionen Mark Gültig bis Regierungs-Bezirk Düsseldorf 1. April 1924 |
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| Comments |
Neuss was one of hundreds of German municipalities forced into emergency currency production during the hyperinflation peak of 1923, when Reichsbank notes became worthless faster than they could be printed. The Stadt Neuss issued this 10 Million Mark note as Notgeld — locally produced emergency scrip — because the denominations available from central authorities lagged so far behind the collapsing purchasing power that workers couldn't be paid in functional currency without municipal intervention.
By August 1923, a single loaf of bread in Germany could cost millions of marks. Notes like this one had a usable lifespan measured in days.