1000 Reichsmark Reichsbanknote

The Rentenmark stabilization of late 1923 ended the hyperinflation, but the Reichsbank needed a credible high-denomination note for interbank and commercial settlement once the new currency regime took hold. This 1000 Reichsmark note was part of that recovery issue — a denomination that would have been laughably inadequate just months earlier, when a trillion-paper-mark note still couldn't buy a loaf of bread.

Reichsdruckerei had the capacity and the engraving tradition to produce serious currency, and by 1924 was back to printing on properly sourced cotton stock with functional watermark security — a meaningful contrast to the emergency wartime and inflation-era issues that had cut every corner available.