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2 000 000 Mark Reichsbanknote

Issuer Reichsbank
Year 1923
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Size 160 × 88 mm
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Obverse lettering REICHSBANKNOTE
Zwei Millionen Mark
ZAHLT DIE REICHSBANKHAUPT-KASSE IN BERLIN GEGEN DIESE BANKNOTE DEM EINLIEFERER
Berlin, den 23. Juli 1923
REICHSBANKDIREKTORIUM
Reverse description Printed in dark green and orange-brown on cream paper, the reverse centres on a large oval guilloche underprint bearing the numeral '2000000' in bold orange figures, surrounded by an anti-counterfeiting legend in small Roman capitals running around the oval border. Symmetrical ornamental knot vignettes in dark brown and orange occupy the left and right fields, and a broad guilloche frame encloses the entire composition. The title 'REICHSBANKNOTE' appears at the top and the denomination '2 MILLIONEN MARK' at the bottom, both in serif capitals.
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Comments

By August 1923, when this 2,000,000 Mark note entered circulation, the Reichsbank was issuing denominations that would have been incomprehensible just eighteen months earlier. The Reichsdruckerei was printing around the clock, and the principal bottleneck was no longer paper or ink — it was the sheer mechanical time required to overprint or replace plate values fast enough to keep pace with the collapsing purchasing power of whatever denomination had just been released.

This note was effectively obsolete within weeks of issue. By November 1923, a single US dollar exchanged for roughly 4.2 trillion Marks.

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