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2 000 000 Mark
| Issuer | Kreisausschuß des Kreises Neuwied |
|---|---|
| Year | 1923 |
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| In circulation to | 1. September 1923 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Notgeldschein des Kreises Neuwied Zwei Millionen Mark Dieser Gutschein wird von der Sparkasse des Kreises Neuwied sowie allen öffentlichen Banken und Kassen des Kreises in Zahlung genommen. — Termin zur Einlösung gegen andere gesetzliche Zahlungsmittel 1. September 1923 bzw. nach Aufruf Neuwied, den 1. August 1923 Der Kreisausschuß des Kreises Neuwied |
| Reverse description | The reverse is printed in green on plain paper, with a fine basketweave guilloche underprint covering the entire surface and a rectangular dotted inner frame. The issuer name 'Kreis Neuwied' appears in roman type above and below the bold Gothic denomination legend 'Zwei Millionen Mark' at centre. A serial number with letter prefix and a small asterisk device are printed in black at the foot, with the printer's imprint 'Raiffeisen-Druckerei, Neuwied.' in small type at the lower left margin. |
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| Comments |
Neuwied's 2,000,000 Mark note belongs to the most compressed phase of the German hyperinflation — by August 1923, municipal and district authorities across the Rhineland were printing emergency Notgeld simply to meet payroll, since Reichsbank notes were arriving too slowly and losing value faster than they could be distributed. The Kreisausschuß, the administrative committee governing Neuwied district, had no printing operation of its own; the Raiffeisen-Druckerei was a cooperative press with agricultural society roots, pressed into fiscal service by circumstance.
The two-million denomination sounds extreme but was already insufficient within weeks of issue.