10 000 Mark Reichsbanknote, large issue

By early 1922, the Reichsbank was already printing notes in denominations that would have been unthinkable three years earlier. The 10,000 Mark note was introduced precisely because smaller denominations had become impractical for everyday commercial transactions — not yet the grotesque hyperinflation of late 1923, but the accelerating devaluation that made this note commonplace within months of issue.

Printed in multiple runs with varying serial number prefixes, P#71 exists in several minor signature and text variants that are often lumped together in general catalogs. The distinction matters to specialists.