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10 000 000 Mark

Issuer Stadt Dinkelsbühl (City of Dinkelsbühl)
Year 1923
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Value 10 000 000 Marks (10 000 000)
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Obverse lettering Notgeld der Stadt Dinkelsbühl.
(Die Giltigkeit erlischt 4 Wochen nach Aufruf.)
Zehn Millionen
Mark
Für die Einlösung haftet die Stadt mit ihrem gesamten Vermögen.
Stadtrat:
Dinkelsbühl, den 24. September 1923.
rechtsk. 1. Bürgermeister.
Wer Notgeldscheine nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Zuchthaus bestraft.
Reverse description Plain unprinted reverse on white paper stock, showing bleed-through of the obverse letterpress text and guilloche underprint. A blind-embossed municipal seal of Dinkelsbühl — crowned coat of arms with the inscription "DINKELSBÜHL" — is applied at lower left.
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Comments

Dinkelsbühl was a minor Bavarian market town with no central bank connection — which is precisely why it, like hundreds of other German municipalities, was forced to print its own emergency currency during the hyperinflation of 1923. By the time denominations reached eight figures, the Reichsbank simply could not produce notes fast enough to keep pace with collapsing purchasing power. Local authorities filled the gap with whatever printing capacity they had on hand.

The embossed seal was the town's primary anti-counterfeiting measure — a telling indicator of how rudimentary municipal notgeld production had become by mid-1923. Within weeks of issue, 10,000,000 Mark would have been worth less than the paper it was printed on.

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