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10 000 000 Mark Bayerische Notenbank

Issuer Bayerische Notenbank
Year 1923
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Shape Rectangular
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Obverse lettering Bayerische Banknote
zahlbar mit
Zehn Millionen Mark
Vom 1. Januar 1924 ab kann diese Banknote aufgerufen und unter Umtausch gegen andere bayerische Banknoten oder gegen Reichsbanknoten eingezogen werden
München, den 1. September 1923
Bayerische Notenbank
Der Staatskommissär:
für den Aufsichtsrat:
Direktion:
10 MILLIONEN MARK
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Reverse lettering BAYERISCHE NOTENBANK
10
MILLIONEN
MARK
Nachahmung oder Veränderung wird nach Maßgabe des achten Abschnittes des Strafgesetzbuches für das Deutsche Reich bestraft
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Comments

Bavaria retained the right to issue its own banknotes under the German imperial banking settlement of 1875, making the Bayerische Notenbank one of four privileged state banks still operating alongside the Reichsbank into the Weimar period. This 10-million-Mark note was issued in August 1923, when hyperinflation was accelerating fast enough that denominations became obsolete within weeks of printing.

The Munich press had little time for refinement. Overprint-style production shortcuts were common across all German emergency issues that summer, and the Bayerische Notenbank series is no exception.

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