20 000 000 Mark Wurzach

Wurzach was a small Württemberg market town, and its Stadtschultheißenamt — essentially the mayor's administrative office — was among hundreds of German municipal authorities that issued their own emergency currency during the hyperinflation of 1923. The 20,000,000 Mark denomination places this note in the mid-phase of that collapse, before denominations climbed into the billions and trillions later that autumn.

Printed locally by J. Marquart, the production quality reflects the constrained circumstances of a small-town printer pressed into service as a de facto currency manufacturer.