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5 000 000 Mark Teppichfabrikzentrale

Issuer Teppichfabrikzentrale A.-G. Leipzig
Year 1923
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Size 125 × 85 mm
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Obverse description Plain beige paper ground enclosed within a decorative dark blue letterpress border of repeating stylised scroll and lappet motifs. The denomination 'FÜNF Millionen' is set in large bold letterpress type in the upper and central field, preceded by the word 'Gutschein über' and flanked at upper left by the series designation 'Serie B' and at upper right by a brown typeset serial number. The body text, printed in dark blue, sets out the redemption conditions referencing the Teppichfabrikzentrale A.-G. Leipzig, Brühl, exchangeable against Reichsbanknoten or Verrechnungsschecks; at lower left an oval green rubber stamp of Hermann Patz, Oelsnitz i.V. and the issue date '18. 8. 23.' appear alongside a handwritten ink signature to the right.
Obverse lettering Serie B
Gutschein
über
FÜNF Millionen
Die Einlösung dieses Gutscheines erfolgt nach Aufru... esenfrei im Verrechnungswege durch die Kasse der ...ichfabrikzentrale A.-G. Leipzig, Brühl ...gegen Reichsbanknoten oder Verrechnungsschecks.
Oelsnitz / Leipzig, 18. 8. 23.
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Comments

Teppichfabrikzentrale A.-G. was a carpet manufacturing trade company based in Leipzig, and like thousands of German commercial enterprises in 1923, it issued its own emergency currency — Notgeld — when the Reichsbank simply could not print fast enough to keep pace with hyperinflation. A five-million-mark denomination sounds extraordinary, but by mid-1923 such figures were routine; within weeks of issue, notes like this were already functionally worthless against the daily price spiral.

Commercial Notgeld issued by private firms rather than municipalities is somewhat less documented than civic issues, making attribution and survival data patchier.

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