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10 000 000 Mark Reichsbanknote
| Issuer | Reichsbank |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 195 × 79 mm |
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| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Reichsbanknote Zehn Millionen Mark zahlt die Reichsbankhauptkasse in Berlin gegen diese Banknote dem Einlieferer. Vom 1. September 1923 ab kann diese Banknote aufgerufen und unter Umtausch gegen andere gesetz- liche Zahlungsmittel eingezogen werden Berlin, den 25. Juli 1923 Reichsbankdirektorium |
| Reverse description | The reverse is unprinted and plain, showing the cream-coloured paper with scattered coloured security fibres and the faint show-through of the obverse letterpress impression, with no distinct vignette or text design. |
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| Comments |
This is one of several emergency high-denomination notes rushed into production during the hyperinflation crisis of 1923, when the Reichsbank was printing faster than the economy could collapse — which is saying something. By the time 10-million-mark notes entered circulation in late July 1923, the purchasing power of each had already eroded to near nothing within days of issue. The Reichsbank's own presses in Berlin were supplemented by dozens of private printers contracted by the state, though this particular type remained a Reichsbank-printed issue.
The watermark and security fibres are something of a grim joke in hindsight — anti-counterfeiting measures on a note that inflation was rendering worthless faster than forgers could operate.