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10 000 000 Mark
| Issuer | Stadt Bochum (City of Bochum) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Paper |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 10 000 000 Notgeld der Stadt Bochum Zehn Millionen Mark zahlen die städtischen Kassen in Bochum dem Einlieferer dieses Scheines. Bochum, 15. August 1923. Der Magistrat der Stadt Bochum. Reihe I Oberbürgermeister. Bürgermeister. ZEHN MILLIONEN MARK |
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| Protection description | Wavy-line watermark pattern; the reverse bears a printed illustration of the watermark design with the notice that every note must carry a watermark matching that pattern. |
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| Comments |
Bochum's 10-million Mark note dates from August or September 1923, the most acute phase of Weimar hyperinflation, when municipal and corporate authorities across Germany issued their own emergency currency — Notgeld — because Reichsbank notes were depreciating faster than they could be printed and distributed. Cities like Bochum effectively became their own central banks out of necessity, not legal authority.
The watermarked paper is worth noting: by this stage of the crisis, many provincial issuers had abandoned security features entirely as production speed overtook all other concerns. A watermark here suggests this issue was produced while some institutional discipline still held.