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3 000 000 Mark

Issuer Stadt Stuttgart (Stadtpflege)
Year 1923
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Value 3 000 000 Mark (3 000 000)
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Obverse description Cream-toned notgeld issued on plain paper, printed in brown and black letterpress. The heading in Gothic blackletter script reads 'Württembergische Landes-Hauptstadt Stuttgart' across the top, with 'Stadtkassenschein' below. A central vignette of a rampant horse — the traditional Stuttgart civic emblem — occupies the right portion of the face, while the denomination '3 Millionen Mark' is set in large ornate Gothic script to its left. A circular municipal seal at the foot centre bears the horse device, flanked by the manuscript signatures of the Oberbürgermeister and Stadtpfleger, with the issue date 'Stuttgart, 1. August 1923' above them. The words 'DREI MILLIONEN' repeat as a pale underprint in the lateral margins as an anti-counterfeiting measure.
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Protection type Underprint
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Comments

Stuttgart's Stadtpflege — the municipal treasury office — issued this 3,000,000 Mark note during the hyperinflationary summer of 1923, when the Reichsbank simply could not produce currency fast enough to meet demand. German municipalities, utilities, and private firms were legally authorized to issue Notgeld to bridge the gap, and Stuttgart's administration printed locally rather than waiting on central allocation. The Oberbürgermeister's countersignature alongside Stadtpfleger Scheifele's gave these notes a thin veneer of civic authority in a system where confidence in paper had almost entirely collapsed.

By the time denominations reached seven figures, most notes of this type circulated for days, not weeks, before becoming worthless against the next price adjustment.

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