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5 000 000 Mark Teppichfabrikzentrale
| Issuer | Teppichfabrikzentrale A.G., Leipzig |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 500 000 Mark (500 000) |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Plain cream paper note printed in dark blue and red, enclosed within a decorative letterpress border of repeating geometric and foliate ornaments. The denomination 'FÜNF Millionen' is set in large bold typeface at centre, above a multi-line redemption text in Gothic script. Series designation 'Serie A' appears at upper left, with the serial number printed in red at upper right, followed by a small asterisk ornament. The issuing place and date 'Auerbach / Leipzig, 18. 8. 23.' appear at lower left, accompanied by a handwritten signature and a violet rectangular cachet stamp reading 'AUERBACHER TEPPICH-FABRIK'. |
|---|---|
| Obverse lettering | Serie A Gutschein über FÜNF Millionen Die Einlösung dieses Gutscheines erfolgt nach Aufruf spesenfrei im Verrechnungswege durch die Kasse der Teppichfabrikzentrale A.-G. Leipzig, Brühl 71, gegen Reichsbanknoten oder Verrechnungsschecks. Auerbach / Leipzig, 18. 8. 23. AUERBACHER TEPPICH-FABRIK |
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| Comments |
Teppichfabrikzentrale A.G. was a carpet manufacturing and wholesale central — precisely the kind of mid-sized industrial firm that found itself printing emergency money during the hyperinflationary collapse of 1923. German notgeld at this denomination level was effectively stop-gap wage scrip: companies issued their own notes because the Reichsbank simply could not print fast enough, and by mid-1923 the time delay between printing and distribution was enough to render a note nearly worthless before it reached a worker's hands.
Five million marks sounds extraordinary, but by August 1923 it wouldn't have bought a tram ticket for long. Leipzig's commercial firms were among the more prolific private issuers of high-denomination scrip during this period.