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10 000 Mark

Issuer Stadt Coblenz (City of Koblenz)
Year 1923
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Composition Paper
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Obverse description The obverse is printed on a pale yellow ground with an elaborate guilloche border in olive-brown tones, with ornamental rosettes at each corner. The denomination "Zehntausend Mark" is rendered in large blackletter gothic script at centre, preceded by a decorative ornamental initial capital. Flanking panels carry the numeral "10000" in octagonal frames, and the text reads "Kassenschein der Stadt Coblenz über" above, with the redemption clause, issuing date "Coblenz, den 2. Mai 1923", and the facsimile signature of the Oberbürgermeister below.
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Reverse description The reverse presents an intricate guilloche border in olive-brown with matching corner rosettes, enclosing a central light-green underprint panel. At centre, an allegorical intaglio-style vignette shows two reclining classical figures — a bearded male and a female — flanking a shield bearing a cross, with radiating sunburst lines behind; the composition is rendered in brown on the pale ground. The denomination numeral "10000" appears in octagonal frames on each lateral margin, and the serial number prefix letter and number are printed in red at upper right and lower left.
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Comments

Koblenz was under French military occupation in 1923 — the Rhineland had been garrisoned since the Armistice — which made its emergency currency situation unusually complicated. The city issued this note during the hyperinflation peak, when municipal and commercial entities across Germany were printing Notgeld simply to keep wages paid and retail trade moving. By the time a 10,000 Mark note reached circulation, its purchasing power was already evaporating within hours of issue.

French occupation authorities generally tolerated local Notgeld issues in the Rhineland rather than suppressing them, having little interest in the administrative chaos that would follow if they didn't.

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