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10 000 000 Mark

Issuer Stadtgemeinde Haslach im Kinzigtal (Baden)
Year 1923
Type Local banknote
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Obverse lettering Notgeld d. Stadtgemeinde Haslach
Die Stadtkasse zahlt gegen diesen Notgeldschein im Verrechnungswege, oder wenn möglich in bar, an Ueberbringer
Zehn Millionen Mark
Gültig bis 1. November 1923
HASLACH i. K., den 10. September 1923
Bürgermeister
Geburtsort des Volksschriftstellers Dr. Heinrich Hansjakob
Der steinerne Mann von Hasle
Druckerei Kinzigtäler Nachrichten, Haslach i. K.
Reverse description The reverse is unprinted and shows the plain cream-coloured paper stock with show-through of the obverse design in mirror image, including the denomination text and border elements visible as faint impressions through the paper.
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Comments

Haslach im Kinzigtal was a small Black Forest town with no business issuing ten-million-mark banknotes — and yet here it was, forced to do so along with thousands of other German municipalities during the hyperinflationary collapse of 1923. The Stadtgemeinde notes were emergency Notgeld in the most literal sense: the Reichsbank simply could not print fast enough, so local authorities filled the gap with whatever press was available. In this case, that was the Kinzigtäler Nachrichten, the local newspaper printer, a thoroughly civilian operation repurposed overnight into a currency producer.

By the time ten-million-mark denominations were necessary, the note had roughly the purchasing power of a streetcar ticket — if that. The Rentenmark reform of November 1923 rendered the entire series worthless within weeks of issue.

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