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10 000 000 Mark
| Issuer | Stadt Herne (City of Herne) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 10 000 000 Mark (10 000 000) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 10 Millionen Mark ZAHLEN DIE STÄDTISCHEN KASSEN DER STADT HERNE DEM EINLIEFERER DIESES SCHEINES HERNE, DEN 1. AUGUST 1923 DER MAGISTRAT |
| Reverse description | The reverse repeats the denomination in large Gothic Fraktur script — 'Zehn Millionen Mark' — against a fine red guilloche underprint within a bordered central panel. A vertical side panel at the right edge carries the numeral '10000000' oriented sideways. Below the denomination text, two blocks of smaller Gothic-script text state the city's liability pledge and the note's redemption conditions, referencing the local Herne daily newspapers as the official announcement medium. |
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| Comments |
Herne was a mid-sized industrial town in the Ruhr, and its municipal notgeld from the hyperinflation peak of 1923 was printed locally out of necessity rather than design ambition. By late 1923, Reichsbank currency was arriving so devalued it was functionally useless before it could be distributed — municipalities across the Ruhr issued their own denominations simply to meet payroll for mine and factory workers. Herne's coalfield economy made liquidity particularly urgent; wages had to be paid weekly, then daily, to have any purchasing power at all.
The ten-million mark denomination, staggering by any prior standard, was already routine by August 1923.