10 000 Mark

Danzig's 10,000 Mark note of 1923 was issued during the hyperinflationary collapse that engulfed the wider German currency zone — the Free City, though politically separated from Weimar Germany under League of Nations protection since 1920, remained economically tied to the German mark and could not insulate itself from the destruction. Local authorities were forced to issue emergency denominations at scales that would have been unthinkable just two years earlier.

The print date of 30 April 1923 places this note squarely in the acceleration phase, before the October peak when the Reichsmark began its final vertical collapse.