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| 表面の説明 | Uniface letterpress note printed in grey-blue on plain white paper. The denomination 'Mk. 20000.—' appears in large type at the upper portion, followed by 'Zwanzigtausend Mark' in smaller text and several lines of German text stating the note's validity conditions and expiry date of 30 September 1923, with the issuer's name 'Georg Rupflin K.-G.' printed at the lower right. A diagonal cancellation stamp is applied across the face. |
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| 表面の銘文 | Mk. 20000.— Zwanzigtausend Mark zahlt die Übertriftsfirma M.-G. Depositen- buch. Inhaber (Gläubig) gegen diesen Gutschein an den Inhaber. Die Gültigkeit bis 30. September. Noten sollen zu ersetzen. Dienstag 14. August 1923. Georg Rupflin K.-G. |
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Georg Rupflin K.-G. was a trading company in Dietfurt an der Altmühl, a small market town on the Altmühl River in Bavaria. Like thousands of German commercial firms and municipalities in 1923, it issued its own emergency currency — Notgeld — as the Reichsmark collapsed under hyperinflation so severe that 20,000 Mark was a transactional denomination, not a large one. By November of that year, the exchange rate had reached 4.2 trillion marks to the dollar.
Private commercial Notgeld from small Bavarian firms is among the least systematically cataloged of all German inflation-era issues, and Rupflin examples surface rarely enough that print run figures remain unknown.