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200 000 000 Mark
| Issuer | Bezirksverband der Amtshauptmannschaft Zwickau |
|---|---|
| Year | 1923 |
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| Composition | Log in to see details |
| Size | 150 × 84 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | DER BEZIRKSVERBAND DER AMTSHAUPTMANNSCHAFT ZWICKAU zahlt gegen diesen GUTSCHEIN ZWEIHUNDERT MILLIONEN MARK Der Gutschein ist gültig im Bezirke der Amtshauptmannschaft Zwickau und in der Stadt Zwickau während der in den Amtsblättern der Amtshauptmannschaft bekannt gegebenen Laufzeit. Einlösung nur an der Kasse der Staatsbank in Zwickau. Zwickau, den 9. Oktober 1923. Der Bezirksverband der Amtshauptmannschaft Zwickau Amtshauptmann. |
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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.