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2 000 000 Mark
| Issuer | Stadt Wiesbaden (City of Wiesbaden) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Cream-toned notgeld issue with a decorative border of repeating circular loop guilloche elements enclosing the denomination repeated in all four margins. The central field carries the denomination legend in large blackletter (Fraktur) script, below which the issuing authority inscription and date of issue appear in a smaller Fraktur hand. The circular official seal of the Stadt Wiesbaden is impressed in the lower left, while a red serial number is printed vertically at the right margin. Two manuscript signatures of municipal officials appear above the designation 'Der Magistrat:'. |
|---|---|
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| Reverse lettering | STAATSTHEATER NACH DEM BRAND Dieser Gutschein gelangt bis zum 31. Okt. 1923 zur Einlösung. 2 MILLIONEN MARK |
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| Comments |
Wiesbaden's municipal emergency money — Notgeld — was a direct consequence of the Reichsbank's inability to supply sufficient currency during the hyperinflation of 1923. By August of that year, denominations had to be reissued almost weekly as the purchasing power of any given note collapsed within days of printing. The city itself, not a bank, became a currency issuer out of administrative necessity.
Two million marks sounds extraordinary. In the summer of 1923, it would not have bought a loaf of bread for long.