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20 000 000 Mark

Issuer Amtshauptmannschaft Dresden-Neustadt, Bezirksverband
Year 1923
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Value 20 000 000 Mark (20 000 000)
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Obverse lettering Zugelassen vom Reichsfinanzministerium
REIHE D
Zwanzig Millionen
Gegen Rückgabe dieses Scheines zahlt der Bezirksverband der Amtshauptmannschaft Dresden-Neustadt den Betrag von Zwanzig Millionen Mark
Dresden-Neustadt, den 24. September 1923
Amtshauptmannschaft Dresden-Neustadt
Bezirksverband
Amtshauptmann
für die Bezirksfinanzverwaltung
JOHANNES PÄSSLER, DRESDEN-N.
Reverse description Printed entirely in sage green on plain cream paper, the reverse centres on a large oval guilloche vignette of dense lace-like geometric and floral lathe-work enclosing the denomination numeral '20' above the inscription 'MILLIONEN MARK' in roman capitals. The surrounding field is left unprinted, giving full visual weight to the security vignette. A two-line anti-counterfeiting legal warning in small roman type runs along the lower margin.
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Comments

Dresden-Neustadt's Amtshauptmannschaft — a rural district administrative body, not a bank — was one of hundreds of German local authorities that stepped into the vacuum left by the Reichsbank's inability to supply adequate small-denomination paper during the hyperinflation peak of 1923. The Bezirksverband's decision to commission Johannes Pässler, a local Dresden-Neustadt printer, kept the entire production chain within the district, which was unusual even by Notgeld standards — most comparable issues were farmed out to Leipzig or Berlin trade printers with larger press capacity.

By the time 20,000,000 Mark notes were necessary for routine transactions, the denomination had lost all psychological weight. This note was effectively pocket change.

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