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100 000 000 000 000 Mark Reichsbanknote

Issuer Reichsbank
Year 1924
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Shape Rectangular
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Obverse description The face is divided into two vertical panels within a rectangular ornamental border, offset to the left. The wider left panel carries the principal inscriptions against a background vignette of the German imperial eagle. The narrower right panel presents a reproduction of Albrecht Dürer's portrait of Willibald Pirckheimer within a rectangular frame, with the serial number above and the denomination below. To the right of the main border, the denomination numeral appears again within ornamental guilloche work above and below.
Obverse lettering REICHSBANKNOTE HUNDERT BILLIONEN MARK ZAHLT DIE REICHSBANKHAUPTKASSE IN BERLIN GEGEN DIESE BANKNOTE DEM EINLIEFERER BERLIN, DEN 15. FEBRUAR 1924 REICHSBANKDIREKTORIUM REICHSBANKDIREKTORIUM 5
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Comments

By the time this note was authorized, the hyperinflation it denominates had already collapsed. The 100 Trillion Mark issue dates to early 1924 — a rentenmark stabilization had been in place since November 1923, and these Reichsbanknoten were being withdrawn and exchanged rather than freshly circulated. One trillion old marks equaled one new Rentenmark, making this single note worth exactly one-tenth of a Pfennig in the stabilized currency.

The Reichsdruckerei was printing cancellation fodder at this point. Surviving examples exist in reasonable numbers precisely because so many were preserved as curiosities during the redemption process rather than destroyed outright.

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