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| Issuer | Deutsche Reichsbahn, Direktionsbezirk Erfurt |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Salmon-pink toned note with a teal guilloche underprint incorporating repeated text 'ERFURT' and 'REICHSBAHN MARK' across the entire field. The heading 'DEUTSCHE REICHSBAHN / DIREKTIONSBEZIRK ERFURT' is set in bold letterpress at the top, above the large denomination legend 'ZEHN MILLIONEN MARK' in heavy gothic typeface. At centre-lower, a circular Reichsbahndirektion Erfurt official stamp with an imperial eagle vignette is applied, accompanied by a manuscript signature to the right; the serial number appears in red at upper left, and the date 'Erfurt, den 12. August 1923' is printed at lower left with the printer's imprint 'A. Stenger, Erfurt.' below. |
|---|---|
| Obverse lettering | Log in to see details |
| 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.