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20 000 000 Mark

Issuer Amtskörperschaft Saulgau
Year 1923
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Shape Rectangular
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Obverse description Brown letterpress note with four municipal heraldic shields at each corner — a lion passant at upper left, a crescent and star at upper right, a cross at lower left, and a fish with a pennant at lower right. The denomination 'Mark: 20,000,000' is printed in bold type across the upper register, flanked by the numeral '20' on each side, above an ornate central guilloche underprint from which the gothic blackletter legend 'Millionen Mark' emerges in large display type. The issuer's promise text and date 'Saulgau, den 20. September 1923' appear below, with the serial number printed in red at lower left and two manuscript signatures at lower right, above the printer's imprint.
Obverse lettering Mark: 20,000,000
Die Amtskörperschaft Saulgau zahlt dem Einlieferer dieser Note
20 Millionen Mark
Saulgau, den 20. September 1923
Namens der Amtskörperschaft Saulgau
Regierungsrat Oberamtspfleger
Gebr. Edel, Saulgau.
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Comments

Saulgau's municipal authority — the Amtskörperschaft — issued this note during the peak hyperinflation months of 1923, when local governments across Germany were printing emergency Notgeld simply to keep daily commerce moving. Twenty million marks sounds staggering; by autumn 1923 it barely covered a loaf of bread. The Gebr. Edel press in Saulgau was a small regional printer, and locally produced notes like this one often show inconsistent ink coverage and registration — worth examining on any example you handle.

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