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10 000 000 Mark Reichsbahndirektion
| Issuer | Deutsche Reichsbahn, Direktionsbezirk Erfurt |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | DEUTSCHE REICHSBAHN DIREKTIONSBEZIRK ERFURT GUTSCHEIN ÜBER ZEHN MILLIONEN MARK Dieser Gutschein wird von den Eisenbahnkassen in Zahlung genommen oder gegen andere Zahlungsmittel umgetauscht. Vom 20. September 1923 ab kann dieser Gutschein zur Einlösung aufgerufen werden. Erfurt, den 12. August 1923 Reichsbahndirektion A. Stenger, Erfurt. |
| Reverse description | The reverse is unprinted, presenting a plain salmon-pink paper surface with no vignettes, text, or decorative elements, consistent with the emergency currency (Notgeld) production standards of the 1923 German hyperinflationary period. |
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| Comments |
Deutsche Reichsbahn's regional railway directorate at Erfurt was among dozens of semi-public bodies that resorted to printing their own emergency currency during the hyperinflation of 1923, when the Reichsbank simply could not supply legal tender fast enough to meet payroll. These Eisenbahn-Notgeld issues were wage notes in everything but name — produced to pay railway workers whose weekly earnings were being outpaced by daily price movements.
A. Stenger was a local Erfurt printer, not a specialist security press, which is exactly what the physical quality of surviving examples suggests. The 10,000,000 Mark denomination dates this note to late summer or early autumn 1923, before the November Rentenmark stabilization rendered the entire series worthless within weeks of issue.