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2 000 000 Mark Rheinfelden

Issuer Stadtgemeinde Rheinfelden (Baden)
Year 1923
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In circulation to Yes
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Reverse description Brown letterpress vignette covering the full face, showing a panoramic townscape of Rheinfelden with a multi-arch Rhine bridge in the foreground, church steeple and rooftops rising behind, and trees framing the composition. The artist's monogram 'E. ST.' appears at lower left. Denomination lettering is set in bold type at the base.
Reverse lettering ·Rheinfelden·
Badens jüngste Stadtgemeinde
Zwei Millionen Mark
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Comments

Rheinfelden's 2-million-mark note belongs to the frantic late summer of 1923, when German municipal authorities were printing emergency currency faster than the Reichsbank could issue it. The Stadtgemeinde turned to a local press — Buchdruckerei P. Krauseneck, just down the street — because there was simply no time to commission outside printers. By the point these notes entered circulation, the denomination that had seemed staggering in January was effectively small change by August.

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