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| Issuer | Stadt Remscheid (City of Remscheid) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 20 000 000 Marks (20 000 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 20 MILLIONEN 20,000,000 20 Millionen Mark zahlen die städtischen Kassen in Remscheid dem Einlieferer dieses Scheines. Der Zeitpunkt der Einlösung wird in der Remscheider Zeitung bekannt gegeben. Remscheid, den 11. August 1923. Der Oberbürgermeister: STADT REMSCHEID |
| Reverse description | Log in to see details |
| Reverse lettering | 20000000 20 Millionen Mark Mark STADT REMSCHEID. |
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| Comments |
Remscheid's hyperinflation notgeld from 1923 sits in the densest part of the crisis — by the time twenty-million-mark denominations were being printed municipally, the Reichsbank had effectively lost control of the money supply and cities were issuing their own emergency currency just to meet weekly wage obligations. Remscheid was an industrial center in the Bergisches Land, heavily dependent on metalworking, and its workforce needed to be paid in something spendable before the value evaporated between Friday and Monday.
L. Hartmann signed as Oberbürgermeister, lending the note whatever institutional authority a city government could muster in those months. Local printing kept turnaround fast — a practical necessity when denominations became obsolete within days.