This striking high-denomination stamp was issued during Germany’s 1923 hyperinflation crisis, when postal rates soared dramatically within weeks. Printed in blue-green, it features the large central “1” and the bold overprint “MILLION” with the value “1 000 000 M” below, reflecting the astonishing monetary instability of the period. The ornate geometric rosette background is characteristic of the inflation definitives. A historically important piece of Weimar-era postal history and a cornerstone for any inflation collection.