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10 000 000 Mark Vereinigung von Banken und Bankiers in Rheinland und Westfalen
| Issuer | Vereinigung von Banken und Bankiers in Rheinland und Westfalen E.V., Sitz Köln |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 10 000 000 Marks (10 000 000) |
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| Obverse description | Typeset notgeld on cream paper with a green guilloche underprint forming wave-pattern borders at top and bottom. The denomination "Zehn Millionen Mark" is set in large Gothic blackletter script at the top, with series letter and serial number below. The body text in Roman and blackletter typefaces identifies the issuing association and states that the note is fully covered by deposits at the Reichsbankhauptstelle Köln, dated Köln, 24. August 1923, with multiple manuscript signatures at lower right. |
|---|---|
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| Reverse lettering | Zahlbar bei: Barmer Bank=Verein Hinsberg, Fischer & Comp., Köln Baumgarten & Mergentheim Commerz= u. Privat=Bank A.=G., Filiale Köln C. Daeves Darmstädter u. Nationalbank, Kommanditgesellschaft auf Aktien Filiale Köln Deichmann & Co. * Delbrück von der Heydt & Co. Deutsche Bank Filiale Köln Dresdner Bank in Köln Essener Credit=Anstalt Köln * A. Levy Mitteldeutsche Creditbank Filiale Köln Sal. Oppenheim jr. & Cie. Rheinisch=Westfälische Boden=Credit=Bank Rheinische Volksbank A.=G. A. Schaaffhausen'scher Bankverein A.=G. Leopold Seligmann * Siegfried Simon J. H. Stein * Westdeutsche Bodenkreditanstalt. |
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| Comments |
The Vereinigung von Banken und Bankiers in Rheinland und Westfalen was a regional banking association based in Cologne that, like hundreds of German commercial bodies in 1923, was compelled to issue its own emergency currency — Notgeld — simply to keep payrolls moving. By the time notes at this denomination were printed, the Reichsbank's own presses were struggling to keep pace with hyperinflation that was doubling prices roughly every few days. A 10-million-Mark note was not a large sum for long.
The watermark is notable for a private issuer of this type — many comparable association notes from the same period were printed on plain stock with no security feature whatsoever.