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20 000 000 Mark
| Issuer | Kreisverwaltung Siegkreis (District Administration of Siegkreis, Prussian Province of Rhine) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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|---|---|
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| Reverse lettering | Siegkreis 20,000,000 DRACHENFELS 20,000,000 Siegkreis |
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| Protection type | Coloured underprint |
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| Comments |
Siegkreis — a rural district east of Bonn, straddling the Sieg river — was one of hundreds of German administrative bodies forced into emergency currency production during the hyperinflation of 1923. By the time this twenty-million mark note was printed, that denomination was already losing ground to inflation faster than paper could move through the press. B. Kühlen in Mönchengladbach was a commercial printer, not a security printing house, and the coloured underprint here is a modest gesture toward forgery deterrence rather than a genuine technical barrier.
The Rentenmark reform of November 1923 rendered the entire series worthless within weeks of issue.