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2 000 000 Mark Sächsische Staatsbank
| Issuer | Sächsische Staatsbank |
|---|---|
| Year | 1923 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 144 × 87 mm |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Uniface green print with an oval guilloche vignette at centre bearing the numeral 2000000 over stylised leaf forms. Decorative banner scrollwork frames the denomination text ZWEI MILLIONEN MARK with issuer inscription repeated in the border. |
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| Protection description | Achteckfliesen (octagonal tile pattern watermark) |
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| Comments |
The Sächsische Staatsbank was one of several German state banks authorized to issue emergency currency during the hyperinflationary collapse of 1923, when the Reichsbank alone could not print fast enough to keep pace with collapsing purchasing power. By the time 2,000,000 Mark notes were entering circulation in mid-1923, that denomination was already struggling to cover a streetcar fare within weeks of issue. The velocity of devaluation meant many notes were rubber-stamped with revised values before they even cleared distribution.