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| 正面描述 | Green and red letterpress Notgeld issued on plain paper, enclosed within a red Greek key guilloche border with intaglio-style lion-head vignettes at each corner. The denomination "Drei Millionen Mark" is printed in large red Gothic script across the centre, above a two-line payment clause and the date "Dresden, den 20. August 1923". At the foot, the issuing authority "REICHSBAHN DIREKTION" flanks a circular red official eagle stamp of the Reichsbahndirekion Dresden, with manuscript signatures of the Präsident and Eisenbahnhauptkasse officer below their respective titles, and the series designation "Reihe F" printed in the upper left. |
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| 背面铭文 | Wer Gutscheine nachmacht oder verfälscht, oder nachgemachte oder verfälschte sich verschafft oder in Verkehr bringt, wird mit Zuchthaus bestraft Die Gültigkeit dieses Scheines erlischt mit Ablauf der Frist, die bei Einziehung der Gutscheine für deren Einlösung öffentl. bekanntgemacht wird 3 Millionen Mark |
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The Reichsbahn-Direktion Dresden issued this note as Notgeld — emergency money — during the hyperinflationary collapse of 1923, when the German state railway administration in Dresden found itself unable to pay workers in Reichsmark fast enough to keep pace with daily price movements. Railway directorates across Germany were authorized to issue their own scrip precisely because the Reichsbank could not supply physical currency in sufficient volume. Dresden's directorate was one of several that printed regionally, keeping denominations synchronized with the week's wage requirements rather than any stable monetary baseline.
Three million marks sounds extraordinary; by mid-1923 it barely covered a tram fare.