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1000 Mark Sächsische Bank
| Issuer | Sächsische Bank zu Dresden |
|---|---|
| Year | 1922 |
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| In circulation to | 1923 |
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| Obverse description | Yellow-olive note with an ornate typographic design centred on the large numeral '1000' overprinted by a decorative ribbon scroll bearing the legend EINTAUSEND MARK. The issuer's name, Sächsische Bank zu Dresden, is set in Gothic script above, with the place and date Dresden, den 19. September 1922 below, flanked by symmetrical foliate guilloche panels at left and right margins. Three facsimile signatures appear at the bottom, identified by the role titles Staatsvertreter and Direktor, with serial number and series letter printed in red at both lateral edges. |
|---|---|
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| Reverse description | The reverse is printed in deep brown on a yellow-ochre ground, dominated by a large bold numeral '1000' set within a shaped central cartouche of ornamental outline. Symmetrical Art Nouveau-style foliate vignettes flank the cartouche at left and right, while scroll banners at top and bottom each bear the denomination '1000 MARK'. The issuer's name, Sächsische Bank zu Dresden, appears in Gothic script in each corner quadrant, and a continuous anti-counterfeiting legend runs along all four outer borders. |
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| Comments |
The Sächsische Bank zu Dresden was one of four German private note-issuing banks still operating under the Reichsbank Law of 1875 — the others being the Bayerische, Württembergische, and Badische Notenbanken. These institutions retained the right to issue their own currency well into the Weimar inflation period, though their notes circulated at parity with Reichsbank paper. By 1922, Germany's monetary system was deteriorating rapidly, and the printing figure of over twelve million for a single 1,000 Mark denomination reflects the desperate need for high-denomination notes as purchasing power collapsed.
The Sächsische Bank lost its note-issuing privilege in 1924 under the Dawes Plan currency reforms that unified German paper money under the new Rentenbank and restructured Reichsbank.