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2 000 000 Mark

Issuer Kreisgemeinde Pfalz (District Community of the Palatinate)
Year 1923
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Composition Paper
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Obverse lettering Notgeldschein der Kreisgemeinde Pfalz
Gültig nur im Regierungsbezirk Pfalz.
Zwei Millionen Mark
2 000 000 Mark
Für diesen Notgeldschein haftet das gesamte Vermögen der Kreisgemeinde.
Derselbe wird von sämtlichen Kassen der Reichsbank in Zahlung genommen.
Dieser Notgeldschein wird ungültig, wenn er nicht innerhalb eines Monats nach erfolgter Bekanntmachung bei den veröffentlichten Einzugsstellen eingereicht wird.
Speyer a. Rh., 11. August 1923.
Kreisgemeinde Pfalz
Reverse description The entire reverse is occupied by a finely engraved landscape vignette printed in dark brown-black ink, set within a plain rectangular border. The scene presents the ruins of a medieval Palatinate castle — likely Landeck or a comparable regional fortress — rising on a rocky hillock to the right, with crumbling arched windows and a round tower rendered in meticulous detail. Two figures rest in the foreground amid scattered rubble and low shrubs, while birds are visible in the open sky above. The issuer's name and denomination are lettered in purple above and below the vignette respectively.
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Comments

The Kreisgemeinde Pfalz was one of countless regional German authorities forced into emergency currency production during the hyperinflation of 1923, when the Reichsbank simply could not supply enough physical notes to meet demand. By the time denominations like this 2,000,000 Mark note were being issued, the face value was becoming obsolete within days of printing — the Speyer presses were racing a losing battle against price levels doubling weekly.

The Palatinate had a further complication that most German districts did not: French occupation forces had controlled the region since 1919 under the terms of Versailles, creating a layer of political friction around any locally issued currency.

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