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20 000 000 Mark Kreis Mayen
| Issuer | Kreis Mayen |
|---|---|
| Year | 1923 |
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| Currency | Mark (1914-1924) |
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| Obverse description | Treasury note (Kassenschein) of the Kreis Mayen district, bearing the principal inscription 'Zwanzig Millionen Mark' (Twenty Million Mark) in bold letterpress. The text states that the note was issued with the authorisation of the Reichsfinanzministerium (Reich Finance Ministry) and that it would lose validity one month after cancellation notices appeared in the local newspapers of the Kreis Mayen district. Dated Mayen, 15 August 1923. |
|---|---|
| Obverse lettering | KASSENSCHEIN DES KREISES MAYEN ZWANZIG MILLIONEN MARK AUSGEGEBEN MIT GENEHMIGUNG DES REICHSFINANZMINISTERIUMS DIESER KASSENSCHEIN VERLIERT SEINE GÜLTIGKEIT EINEN MONAT NACH AUFKÜNDIGUNG IN DER IM KREISE MAYEN ERSCHEINENDEN ORTSZEITUNGEN MAYEN, DEN 15. AUGUST 1923 |
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| Comments |
Kreis Mayen, an administrative district in the Rhineland, issued emergency currency throughout the hyperinflation crisis of 1923 as the Reichsbank's own notes became worthless faster than they could be printed. By the time denominations in the tens of millions became necessary — mid-1923 — local authorities across Germany were effectively running parallel monetary systems out of sheer necessity, with no central coordination and wildly inconsistent overprint practices.
The Rhineland's occupation by French and Belgian forces after 1923 added a further complication: some district-issued notes circulated in a zone where German monetary law was actively contested.