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3 000 000 Mark Moringen, Sparkasse

Issuer Sparkasse der Stadt Moringen
Year 1923
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Value 3 000 000 Mark (3 000 000)
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Reverse description Plain cream paper reverse, entirely typeset in Gothic blackletter script without any vignette or decorative underprint. The text confirms the cheque amount in the form of a certification statement, with the denomination repeated in bold blackletter as 'Drei Millionen Mark'. The date 'Moringen, den 24. August 1923' and the issuer 'Sparkasse der Stadt Moringen' appear below, accompanied by two manuscript pen signatures and a partially legible oval institutional stamp at lower left.
Reverse lettering Dieser Scheck wird zum Betrage von Drei Millionen Mark bestätigt. Moringen, den 24. August 1923. Sparkasse der Stadt Moringen.
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Comments

Moringen is a small town in Lower Saxony — today best known as the site of an early Nazi concentration camp — but in August 1923 it was simply one of hundreds of German municipalities scrambling to print emergency money fast enough to keep pace with hyperinflation. The Sparkasse der Stadt Moringen, a local savings institution with no printing infrastructure of its own, almost certainly produced this Notgeld on whatever commercial press was locally available, which accounts for the rough typographic execution common to small-town issues at this denomination level.

By the time 3,000,000 Mark notes were circulating, the Reichsbank's own currency was losing value within hours of issue. This note's useful life was likely measured in days.

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