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10 000 000 Mark

Issuer Stadtgemeinde Pirmasens (City of Pirmasens)
Year 1923
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Shape Rectangular
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Obverse description Notgeld voucher (Gutschein) printed in dark brown on cream paper with a fine guilloche underprint, enclosed within a decorative typographic border with scrollwork corner ornaments and the denomination '10.000.000' repeated along all four margins. The large central denomination '10,000,000 MARK' is set in bold block lettering beneath a banner inscribed 'GUTSCHEIN ÜBER', with the issuing authority 'STADTGEMEINDE PIRMASENS' below. Two circular red municipal seal stamps of Pirmasens appear at left and right, the series designation 'REIHE N' and serial number are printed in red at upper left and upper right respectively, and the date 'PIRMASENS, 22. AUGUST 23' with the office designation 'DAS BÜRGERMEISTERAMT' and two manuscript signatures appear along the lower margin.
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Reverse lettering ZEHN MILLIONEN MARK
10 MILLIONEN
10 MILLIONEN
WER GUTSCHEINE NACHMACHT ODER VERFAELSCHT ODER NACHGEMACHTE SICH VERSCHAFFT UND IN VERKEHR BRINGT
WIRD MIT ZUCHTHAUS NICHT UNTER ZWEI JAHREN BESTRAFT
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Comments

Pirmasens was a shoe-manufacturing town in the Palatinate, and by August 1923 the Reichsmark had collapsed far enough that municipal and commercial bodies across Germany were printing their own emergency currency — Notgeld — to meet payroll. This 10,000,000 Mark note is a product of that specific moment: the hyperinflation peak, when denominations that would have been unthinkable two years earlier were routine weekly wages.

City-issued Notgeld of this magnitude was typically printed locally on whatever stock was available, which is why paper quality and ink consistency vary so sharply even within a single series. The Pirmasens issues from this period are not among the rarer municipal emissions, but the denomination itself marks its place in one of the more extreme monetary collapses in modern European history.

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