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| 背面描述 | The reverse presents a large neoclassical allegorical vignette occupying the left two-thirds of the note, executed in brown letterpress, in which two draped female figures flank a circular shield or disc bearing faint horizontal line decoration, evoking the interior sculptural programme of the Befreiungshalle. The right panel carries the patriotic motto in Gothic script at upper right, followed by the issuing authority name STADT KELHEIM, the denomination ZEHN MILLIONEN MARK in bold type, and the numeral value 10'000000 in a scrollwork cartouche. The engraver's name Z. Reichl appears in the lower right margin. |
| 背面铭文 | Möchten die Teutschen nie vergessen was den Befreiungskampf notwendig machte und wodurch sie gesiegt. ••• STADT KELHEIM. ZEHN MILLIONEN MARK 10'000000 Z. Reichl. (Translation: May the Germans never forget what made the struggle for liberation necessary and how they won. ••• CITY OF KELHEIM. TEN MILLION MARK 10'000000 Z. Reichl.) |
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Kelheim's 10-million Mark note is a product of the chaotic summer of 1923, when German municipal and regional authorities were issuing emergency paper — Notgeld — at a pace that outran any central coordination. The Stadtrat had no meaningful monetary authority; they were essentially printing purchasing power to keep local wages paid as the Reichsmark collapsed faster than Berlin could supply notes. Schiele's Regensburg print shop handled numerous such commissions across Bavaria during this period, making them a regional utility printer for crisis currency rather than a specialist security printer.
Reichl's engraving credit is an unusual detail for Notgeld at this denomination tier, where design quality was often an afterthought.