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10 000 000 Mark Teppichfabrikzentrale
| Issuer | Teppichfabrikzentrale Leipzig (drawn on Die Deutsche Bank, Filiale Leipzig) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 10 000 000 Marks (10 000 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| Obverse description | Salmon-orange note with a broad decorative left panel in brown and tan, carrying the vertical denomination numeral '10.000.000' within an interlocking guilloche band of oval and lozenge motifs. The right field bears the issuing text in Gothic blackletter, directing Die Deutsche Bank, Filiale Leipzig to pay the bearer against this cheque from account funds, with the large denomination legend 'Zehn Millionen Mark' in bold blackletter across the centre. A red diagonal overprint 'Nur zur Verrechnung' (for account settlement only) crosses the face diagonally, with the date 'Leipzig, d. 24. Aug. 1923', a control signature 'kontrolliert:', and two manuscript authorisation signatures at lower right above the printed legend 'Dresdner Bank in Leipzig'; the series letter 'H' appears in a black-outlined box at upper left. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain unprinted reverse in cream-white paper, showing only show-through of the obverse design and fold marks, with a handwritten pencil notation at upper left likely added by a former collector. |
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| Comments |
Teppichfabrikzentrale Leipzig — a carpet manufacturing trade association — issued this note as emergency currency (Notgeld) during the hyperinflation of 1923, when the Reichsmark's collapse was so rapid that commercial firms routinely printed their own temporary scrip to meet payroll and day-to-day obligations. The instrument was drawn on Deutsche Bank's Leipzig branch, giving it at least nominal banking backing, though in practice such arrangements were largely symbolic given the velocity at which denominations became worthless.
Wezel & Naumann were Leipzig's dominant commercial printers and handled an enormous volume of Notgeld commissions during this period — the firm's speed and local proximity made them the practical choice for any Leipzig business caught short by the currency's daily deterioration. By the time a 10,000,000 Mark note reached circulation, it likely purchased less than a postage stamp had the previous year.