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10 000 000 Mark

Issuer Kreisausschuss des Kreises Neuwied (District Committee of Neuwied)
Year 1923
Type Local banknote
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Obverse description Single-sided letterpress Notgeld on salmon-pink paper, printed in dark blue and red, with the denomination '10.000.000' in large numerals at all four corners over a fine guilloche wave underprint. The bold heading 'NOTGELDSCHEIN DES KREISES NEUWIED.' runs across the upper portion, beneath which the value 'Zehn Millionen Mark' is set in large red Fraktur script; ornamental vertical cartouches flank both margins. A central multi-line text block states the acceptance and redemption conditions, followed by the place-and-date line 'NEUWIED, 27. AUGUST 1923.' and the issuing authority, with two manuscript signatures of district officials at lower centre and a red serial number at top centre.
Obverse lettering 10.000.000
NOTGELDSCHEIN DES KREISES NEUWIED.
Zehn Millionen Mark
DIESER NOTGELDSCHEIN WIRD VON DER SPARKASSE DES KREISES NEUWIED SOWIE ALLEN ÖFFENTL. BANKEN UND KASSEN D. KREISES IN ZAHLUNG GENOMMEN. TERMIN ZUR EINLÖSUNG GEGEN ANDERE GESETZL. ZAHLUNGSMITTEL 1. SEPTEMBER 1923 BEZW. NACH AUFRUF.
NEUWIED, 27. AUGUST 1923.
DER KREISAUSSCHUSS DES KREISES NEUWIED
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Comments

Neuwied's district committee issued this 10-million-mark note during the hyperinflation peak of summer 1923, when municipal and regional authorities across Germany were legally permitted — indeed expected — to print their own emergency currency, known as Notgeld. The Reichsbank could not physically produce denominations fast enough to keep pace with price increases that were doubling weekly, so the burden fell to local printers like Strüder, a regional firm working under conditions that were anything but stable.

By the time notes at this denomination entered circulation, 10 million marks would purchase what a single mark had bought roughly two years earlier.

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