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10 000 000 Mark Krupp
| Uitgever | Fried. Krupp Aktiengesellschaft, Essen |
|---|---|
| Jaar | 1923 |
| Type | Local banknote |
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| Valuta | Log in om details te zien |
| Samenstelling | Log in om details te zien |
| Afmetingen | Log in om details te zien |
| Vorm | Log in om details te zien |
| Drukker | Log in om details te zien |
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|---|---|
| Opschrift voorzijde | Fried. Krupp Aktiengesellschaft, Essen nimmt für 10 MILLIONEN MARK diesen Gutschein in Zahlung bis 31. Dezember 1923. Das Direktorium: ESSEN 14. August 1923. 10 Millionen Mark. |
| Beschrijving keerzijde | The reverse is unprinted, consisting entirely of plain white paper with no vignette, text, or ornamental element, consistent with many emergency Notgeld issues of the 1923 German hyperinflationary period. |
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| Opmerkingen |
Krupp's issuance of notgeld at astronomically high denominations in 1923 was a direct consequence of the Reichsbank's inability to supply sufficient currency for payroll during the hyperinflation peak. Large industrial employers across the Ruhr were effectively forced into private money printing simply to pay their workers on time — wages were sometimes adjusted daily to keep pace with the collapsing mark.
The ten-million mark figure, staggering by any peacetime measure, was already borderline obsolete within weeks of printing. By November 1923, a single US dollar was worth over four trillion marks.