Germany Weimar Frieberg 1000000 mark Funck-635.1 MS 63 PCGS aluminum coin 1923

The Germany Weimar Republic 1,000,000 Mark aluminum coin, issued by the city of Freiberg, Saxony, in 1923, is a remarkable artifact from the dramatic era of German hyperinflation. Certified PCGS MS63, this emergency issue reflects the extraordinary economic conditions that forced municipalities to create high-denomination notgeld and local coinage as the value of the mark rapidly collapsed.

The obverse features a strong standing worker or blacksmith dressed in an apron and brimmed hat, holding a long staff or tool in one hand and a flaming torch in the other. Beside him appears a mining symbol resembling crossed mining tools within a circular emblem, referencing Freiberg’s centuries-old mining tradition. The date 1923 is prominently displayed, emphasizing the historic year of inflation. The reverse presents bold Gothic lettering surrounding the denomination “Eine Million Mark,” with a detailed Saxon coat of arms positioned below the inscription. The medieval-style typography and heraldic design create a powerful visual connection to Saxony’s regional identity and industrial heritage.

Freiberg was one of Germany’s most important mining centers and home to a renowned mining academy. During the hyperinflation crisis of 1923, local authorities issued emergency money and tokens in increasingly large denominations as prices rose daily and conventional currency became nearly worthless. This coin stands as a tangible reminder of one of history’s most severe monetary collapses.

Struck in aluminum and certified PCGS MS63, this historic piece combines economic history, regional heritage, mining symbolism, and exceptional numismatic interest. It is an outstanding addition for collectors of Weimar Republic coinage, inflation issues, German notgeld, and historical emergency currencies.

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