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100 000 000 000 Mark

Issuer Stadtrat Passau (City Council of Passau)
Year 1923
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Value 100 000 000 000 Mark (100 000 000 000)
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Obverse description Plain cream paper Notgeld voucher (Gutschein) printed in brown ink by letterpress, with a decorative scrollwork border running along all four edges. The denomination "EINHUNDERT MILLIARDEN MARK" is set in large bold type across the centre, above a clause stating the City of Passau will publicly announce the redemption date, followed by the issue date of 25 October 1923 and the issuing authority "STADTRAT PASSAU". A small heraldic lion shield — the arms of Passau — appears at the foot of the design between two manuscript signatures, with the printer's imprint "G. KANZLER, PASSAU." below.
Obverse lettering GUTSCHEIN
für
EINHUNDERT MILLIARDEN MARK
(Translation: Voucher for One Hundred Billion Mark)
100 Milliarden
No 61586
Die Stadtgemeinde Passau gibt den Zeitpunkt der Einlösung öffentlich bekannt.
(Translation: The City of Passau will publicly announce the date of redemption.)
Passau, den 25. Oktober 1923.
STADTRAT PASSAU
I. Bürgermeister
Stadtkämmerer
G. KANZLER, PASSAU.
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Comments

Passau's city council was among hundreds of German municipal authorities forced into emergency currency production during the hyperinflation peak of late 1923, when the Reichsbank could not supply denominations large enough to meet daily wage payments. By the time notes of this magnitude were being struck by local printers, a hundred billion marks was already worth a fraction of a US cent — the exchange rate was deteriorating faster than ink could dry.

G. Kanzler was a local Passau firm, not a specialist security printer. That matters: municipal notgeld of this period varies enormously in paper quality and print registration, and Kanzler's output is no exception.

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