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| 正面描述 | Printed in green on white paper, the note is laid out in a typographic letterpress style typical of German Notgeld inflation issues. The heading 'Stadt Frankenthal' appears in Gothic blackletter script at upper left, with the denomination 'M. 20 000 000' in the upper right corner. A circular municipal seal of Frankenthal bearing a rampant lion is placed at centre left, alongside the large Gothic-script legend 'Zwanzig Millionen Mark', with a left-margin panel containing the authorisation text referencing the city council resolution of 3 August 1923 and approval by the Reichsfinanzministerium. Two manuscript signatures appear below the issuing authority lines, with a typeset serial number and series letter at lower right. |
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| 正面铭文 | Stadt Frankenthal. Die Stadthauptkasse Frankenthal zahlt dem Einlieferer dieses Scheins Zwanzig Millionen Mark Frankenthal, den 3. August 1923 Der Stadtrat: i. D. Die Stadthauptkasse: Dieser Schein ist aufgrund Stadtratsbeschlusses vom 3. August 1923 mit Genehmigung des Reichsfinanzministeriums ausgegeben. Das Ende der Umlaufzeit wird in Frankenthal öffentlich bekanntgemacht. |
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Frankenthal's municipal treasury issued this note at the absolute peak of Weimar hyperinflation — by late 1923, the Reichsbank could not supply emergency currency fast enough, and thousands of local authorities, firms, and municipalities printed their own Notgeld to meet payroll and keep commerce moving. The 20,000,000 Mark denomination places this squarely in that frantic late-summer to autumn window, when values doubled within days and print runs were obsolete almost before the ink dried.
Frankenthal at the time was under French occupation as part of the Rhineland buffer zone established after Versailles, adding a layer of administrative complexity to an already chaotic monetary situation.