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| Issuer | Stadt Crimmitschau (City of Crimmitschau) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | 5 Millionen · GUT · SCHEIN Gültig im Bezirke der Stadt Crimmitschau während der in deren Amtsblatt bekannt gegebenen Laufzeit. Fünf Millionen Mark zahlen die städtischen Kassen und die Reichsbanknebenstelle gegen Rückgabe dieses Scheines. Crimmitschau, am 18. August 1923. Der Stadtrat |
| Reverse description | Grey-toned typeset reverse with a dense floral and scroll guilloche border enclosing square ornamental corner pieces with rosette motifs. The centre of the note carries the blackletter denomination 'Fünf Millionen Mark' set within an oval guilloche vignette, beneath which a standard counterfeiting-warning legend is printed in Fraktur text. The serial number, consisting of the letter prefix 'B' followed by a numeral, is printed in the lower centre. |
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| Comments |
Crimmitschau, a textile manufacturing town in Saxony, issued this note during the hyperinflation peak of 1923, when municipal and commercial authorities across Germany were printing their own emergency currency — Notgeld — to meet payroll when Reichsbank notes simply couldn't be physically produced fast enough to keep pace with collapsing purchasing power. A five-million-mark denomination that would have been unimaginable two years earlier was, by mid-1923, barely enough for a loaf of bread.
Crimmitschau had its own particular labor history — the city's textile workers staged one of the longest strikes in German industrial history in 1903–04 — though by 1923 the concern was survival, not solidarity.