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300 000 Mark Moll-Werke

Issuer Moll-Werke Aktiengesellschaft, Chemnitz
Year 1923
Type Local banknote
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Obverse lettering DREIHUNDERTTAUSEND MARK Dieser Gutschein über 300 000 Mark wird bis 30.Septembr.1923 an unserer Hauptkasse Chemnitz wahrend der üblichen Geschafsstunden gegen Bankscheck eingetauscht oder—-soweit nach Behebung des Banknotenmangels möglich—-an unserer Hauptkasse Chemnitz und den Kassen unserer Werke in Oberlichtenau,Scharfenstein und Tannenberg in bar eingelöst. Chemnitz,den 4.August 1923 MOLL=WERKE AKTIENGESELLSCHAFT Chemnitz
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Reverse lettering MOLL
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Comments

Moll-Werke Aktiengesellschaft was a Chemnitz-based manufacturer — one of hundreds of German industrial firms that began issuing their own emergency notes in 1923 as the Reichsmark collapsed faster than the Reichsbank could supply currency. Notgeld of this kind was not a bank product but a payroll instrument, printed in denominations that were obsolete within days of issue. Richard Müller was a local Chemnitz printer, which was typical of corporate Notgeld: firms contracted whoever was nearby and could deliver quickly.

The 300,000 Mark figure dates this note to the middle inflation phase — by November 1923, comparable instruments were denominated in the billions.

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