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10 000 000 Mark

Issuer Stadtkasse Nürnberg (City Treasury of Nuremberg)
Year 1923
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Shape Rectangular
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Obverse description Letterpress-printed Notgeld note in red, brown, olive, and grey, with vertical ruled bands and geometric guilloche panels flanking a central text field on both sides. The denomination '10000000' is set in large Gothic numerals across the upper centre, beneath which 'Zehn Millionen Mark' appears in Fraktur script over a lightly printed rosette underprint, followed by the payment clause, place and date of issue, and two manuscript signatures. A serial letter and number are printed in teal at the foot of the central panel, with 'NÜRNBERG' in spaced capitals along the lower border.
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Reverse description The reverse is unprinted, presenting a plain cream-white paper surface entirely devoid of design, text, or ornamentation, consistent with the economical production standards typical of German municipal Notgeld issued during the hyperinflation crisis of 1923.
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Comments

Nuremberg's city treasury issued this note at the absolute peak of the Weimar hyperinflation — by August 1923, municipalities across Germany had no choice but to print their own emergency currency, Notgeld, simply to meet payroll and conduct basic commerce. The Reichsbank could not supply denominated notes fast enough to keep pace with collapsing purchasing power.

E. Nister was a well-established Nuremberg printer with a commercial and illustrated book background, not a specialist currency house — which was entirely typical of late-phase hyperinflation Notgeld production, when normal procurement channels had long since broken down. The ten million mark face value, which would have seemed grotesque just eighteen months earlier, was already losing real value within days of printing.

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