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10 000 000 Mark

Issuer Stadtgemeinde Landau a. Isar
Year 1923
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Obverse description Letterpress-printed Notgeld note on plain cream paper with a rectangular guilloche border in olive-green and brown tones. The denomination 'Zehn Millionen' is rendered in large red script lettering across the upper field, with a central crowned municipal arms vignette in olive-green overprint. The denomination figures 'M. 10.000.000' appear in red at lower left and right, flanking a four-digit serial number at lower left, with two manuscript signatures and a circular violet official municipal cachet at lower right; the date 'September 1923' is printed in the central text block.
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Reverse description The reverse is unprinted, consisting of plain unadorned cream paper with no text, vignette, or ornamental elements, consistent with the emergency currency production standards of the 1923 German hyperinflationary period.
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Landau an der Isar was a small Bavarian market town, and like hundreds of German municipalities in the summer and autumn of 1923, it was forced into issuing its own emergency currency as Reichsmark inflation made official denominations worthless faster than the Reichsbank could print replacements. The Ried'sche Druckerei was a local commercial press — not a specialist security printer — which meant notes of this type were produced with minimal anti-counterfeiting measures, a largely academic concern when the face value was obsolete within days of issue.

Ten million marks sounds staggering. By October 1923 it wouldn't have bought a loaf of bread.

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