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| 正面描述 | Olive-grey letterpress note with a large decorative underprint of stylised floral and geometric ornaments flanking the centre. The denomination ZEHN MILLIONEN MARK is printed in bold display type across the middle field, with the numeral 10 set within the heading inscription in Fraktur script. The issue date 'Kiel, den 1. September 1923' appears in script below the central vignette, flanked by two manuscript signatures above their printed titles; a six-digit red serial number is printed at the foot of the note. |
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| 正面铭文 | Notgeld der 10 Stadt Kiel GEGEN EINLIEFERUNG DIESES SCHEINS ZAHLT DIE STADTHAUPTKASSE KIEL ZEHN MILLIONEN MARK Kiel, den 1. September 1923 Oberbürgermeister Bürgermeister Stadtverordneten-Vorst. Stellv. Städt.-Vorst. DIESER SCHEIN VERLIERT SEINE GÜLTIG-KEIT INNERHALB EINES MONATS NACH ERFOLGTER ÖFFENTLICHER AUFFOR DE-RUNG DES MAGISTRATS ZUR EINLÖSUNG |
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Kiel's municipal treasury — the Stadthauptkasse — issued this 10-million Mark note during the hyperinflationary spiral of summer 1923, when the Reichsbank simply could not print and distribute emergency currency fast enough to keep pace with collapsing purchasing power. Municipal and regional authorities across Germany were authorized to issue their own Notgeld to fill the gap, and Kiel was among hundreds of issuers producing notes denominated in figures that would have been unimaginable eighteen months earlier.
By August 1923, 10 million Marks would buy roughly a loaf of bread — briefly.