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2 000 000 Mark Landesbank der Provinz Westfalen
| Issuer | Landesbank der Provinz Westfalen |
|---|---|
| Year | 1923 |
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| Size | 142 × 82 mm |
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| Obverse description | Olive-green Notgeld note printed in letterpress, with the large gothic numeral '2' and the denomination 'Millionen Mk' in bold blackletter script occupying the upper half, below which the written-out value 'Zwei Millionen Mark' appears in a contrasting olive underprint. A serial number appears at lower left alongside the legend identifying the Landesbank der Provinz Westfalen in Münster as the paying institution, with the issue date of 15 August 1923 and three facsimile signatures of the Direktion; the border carries the guarantee inscription referencing the full tax capacity of the Province of Westphalia. |
|---|---|
| Obverse lettering | 2 Millionen Mk Zwei Millionen Mark zahlt die Landesbank der Provinz Westfalen in Münster i/Westfalen dem Einlieferer dieses Scheines. WESTFÄLISCHES NOTGELD MÜNSTER I/W. AM 15 AUGUST 1923 · DIE DIREKTION DER LANDESBANK DER PROVINZ WESTFALEN. FÜR ALLE VERPFLICHTUNGEN DER LANDESBANK HAFTET DIE PROVINZ WESTFALEN MIT IHRER GANZEN STEUERKRAFT ZWEI MILLIONEN MARK |
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| Comments |
Landesbank der Provinz Westfalen issued this note during the catastrophic hyperinflation of 1923, when German municipal and regional authorities — lacking sufficient Reichsbank currency — were legally permitted to produce their own emergency money, known as Notgeld. The 2,000,000 Mark denomination reflects conditions in the summer of that year, before inflation spiraled into the billions and trillions by autumn.
The print run of over twelve million notes is substantial for a provincial issuer, suggesting this denomination saw genuine mass circulation in Westphalia rather than serving merely as a stopgap measure. The Landesbank's notes were backed by the province's credit, not gold — a distinction that mattered little when the currency it denominated was collapsing daily.