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10 000 000 Mark Allgemeine Ortskrankenkasse

Issuer Allgemeine Ortskrankenkasse Saulgau
Year 1923
Type Local banknote
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Obverse description Plain cream-coloured note printed in black letterpress, entirely text-based with no pictorial vignette. The face is enclosed by a continuous geometric border of interlocking diamond and chevron ornaments running along all four edges. The issuer's name in blackletter script occupies the upper central area, with the denomination spelled out in large blackletter type across the centre. Four serial-numbered denomination inscriptions appear in the corners, a circular violet official stamp of the Allgemeine Ortskrankenkasse Saulgau is applied to the lower left, and four manuscript signatures with their respective role designations are arranged below the central text, above the issue date.
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Reverse description The reverse is entirely unprinted, presenting a plain uniform cream-coloured paper surface with no text, ornament, or security device of any kind, consistent with the emergency currency production methods typical of German Notgeld issues of 1923.
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Comments

Saulgau's municipal health insurance fund — the Allgemeine Ortskrankenkasse — resorted to issuing notgeld at ten million marks because by mid-1923 that sum barely covered a day's worth of transactions. The AOK was one of hundreds of local employers, municipalities, and institutions across Germany authorized to print emergency currency during the hyperinflation peak, a period when the Reichsbank simply could not supply physical notes fast enough to keep pace with daily price collapses.

Otto Bachmann was a local Saulgau printer, not a security printing house. The absence of any serious anti-counterfeiting measures was essentially irrelevant — the notes depreciated faster than anyone could profitably forge them.

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