10 Mark

Mülhausen — Mulhouse in French — changed hands in November 1918 when French forces entered the city days after the Armistice, ending nearly five decades of German administration following the annexation of Alsace-Lorraine after the Franco-Prussian War. This municipal Stadtkasse note was issued by the city treasury in the final year of that German period, part of the vast wartime Notgeld proliferation that emerged as coin metal was diverted to military use.

Gebrüder Parcus in Munich were prolific Notgeld printers, handling issues for dozens of German municipalities during 1917–1918. Whether this note ever meaningfully circulated before the political transfer rendered it obsolete is an open question.