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100 000 000 000 Mark

Issuer Stadt Essen (City of Essen)
Year 1923
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Value 100 000 000 000 Mark (100 000 000 000)
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Obverse lettering STADT ESSEN H No 003918 hundert Milliarden Mk 100 Milliarden zahlt die Stadt Essen dem Einlieferer dieses Scheines 1 Monat nach Aufruf in den Essener Tageszeitungen. Essen am 25. Okt. 1923. Der Oberbürgermeister: (Signature)
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Protection type Watermark
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Comments

This note was issued by the City of Essen during the Ruhr occupation crisis of 1923, when French and Belgian troops had seized the industrial heartland and the German federal government was actively encouraging passive resistance — including a deliberate strategy of flooding the economy with emergency currency to fund striking workers. Municipal and regional authorities across the Ruhr printed Notgeld at an almost incomprehensible pace to meet payroll obligations that the central bank could not cover fast enough.

The denomination itself tells the story: one hundred billion Mark on a single note, printed within a monetary collapse so severe that the figure was routine by October 1923.

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