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2 000 000 Mark

Issuer Stadtrat Regensburg (City Council of Regensburg, Bavaria)
Year 1923
Type Local banknote
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Obverse description Printed in violet on cream paper, the obverse is laid out in a letterpress format with a toothed decorative border framing the entire note. The denomination 'Zwei Millionen Mark' is set in large Gothic blackletter script at centre-left, above a solid violet band bearing the numeral '2000000 MARK' in bold serif type, with the heading 'Zahlungsanweisung' above. To the right, two circular vignettes are stacked: the upper one contains the arms of Regensburg with crossed keys on a shield, and the lower one carries a view of the twin-spired Regensburg Cathedral, both set within lobed frames. The lower portion bears the issuing text, the date 'Regensburg, den 25. August 1923', the authority inscription 'Stadtrat Regensburg', and a facsimile signature above the designation 'Bürgermeister'.
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Reverse description The reverse, also printed in violet, centres on a large detailed line-art vignette of the Regensburg Old Town Hall (Altes Rathaus) courtyard, rendered in a fine illustrative style by A. Reindl. Flanking the central vignette on both sides are vertical panels, each bearing the numeral '2000000' twice in ribbon cartouches and a circular medieval seal of the city of Regensburg inscribed 'RATISPONENSIUM SECRETVM CIVITVM' with a saintly figure at centre. The printer's credit 'Entwurf und Druck von Gebr. Habbel, Regensburg' appears in the lower-left corner, with the designer's name 'A. Reindl' at lower right.
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Comments

One of hundreds of municipal Notgeld issues that flooded Germany during the hyperinflation peak of 1923, this 2,000,000 Mark note reflects the desperate fiscal improvisation of local authorities as the Reichsmark's purchasing power collapsed faster than central supplies of emergency currency could be printed and distributed. By mid-1923, a denomination this size was barely sufficient for basic transactions — within weeks of issue, it would have been rendered worthless by further inflation.

Gebr. Habbel was a Regensburg publishing house, not a specialist security printer, which is exactly the point: by 1923, municipalities were commissioning whoever was locally available.

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