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200 000 000 Mark
| Issuer | Bezirksverband der Amtshauptmannschaft Zwickau |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Olive-green guilloche underprint covers the face, with a wide ornamental border of interlaced geometric patterns. The issuing authority's name is set in bold Gothic letterpress at the top, followed by the voucher clause and the denomination in a framed cartouche reading ZWEIHUNDERT MILLIONEN MARK. Below, a text block states validity conditions and the redemption clause at the Staatsbank Zwickau, dated 9 October 1923, with the issuer's printed name and a manuscript signature above the title Amtshauptmann. To the right, a tall vertical panel carries the large Gothic numeral 200 rendered in dark intaglio-style relief. |
|---|---|
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| Reverse lettering | Wer Gutscheine nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Zuchthaus nicht unter zwei Jahren bestraft. Nr 029571 |
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| Comments |
This note is Notgeld — emergency municipal currency — issued by the administrative district of Zwickau during the catastrophic hyperinflation of 1923, when the Reichsbank's output could not keep pace with the daily collapse of purchasing power. By August of that year, denominations in the hundreds of millions were routine, and local authorities across Saxony were authorized to print their own supplementary currency to keep commerce functional at all.
Zwickau was an industrial center, and the Amtshauptmannschaft — roughly a county-level administrative body — had both the institutional standing and the local printing capacity to issue legitimate tender. The 200-million-Mark figure, staggering by any peacetime measure, would have bought little more than a loaf of bread by the time this note reached circulation.