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100 000 000 000 Mark Bayerische Staatsbank
| Issuer | Bayerische Staatsbank |
|---|---|
| Year | 1923 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BAYERISCHE STAATSBANK Gutschein Einhundert Milliarden Mark Dieser Gutschein wird zu einem durch das Bayerische Staatsministerium der Finanzen im Reichsanzeiger und Bayerischen Staatsanzeiger bekanntzumachenden Zeitpunkte zur Einlösung aufgerufen. Ein Jahr nach Ablauf der Einlösungsfrist erlischt jeder Anspruch aus diesem Gutschein. München, den 20. Oktober 1923. BAYERISCHE STAATSBANK Direktorium: |
| Reverse description | The reverse is printed in dark blue-grey on a plain cream ground with a fine lace guilloche border matching the obverse. A large symmetrical foliate vignette of oak leaves and acorns fills the centre, within which the bold numeral '100' is set, flanked by ornamental sprays. Below the vignette the denomination 'Milliarden Mark' is set in large Fraktur type, and a two-line counterfeiting-penalty clause in small roman type runs along the lower margin. |
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| Comments |
The Bayerische Staatsbank's hundred-billion-mark notes were products of the hyperinflationary collapse of autumn 1923, when German prices were doubling in a matter of days. Regional state banks like the Bayerische Staatsbank were authorized to issue emergency currency alongside the Reichsbank precisely because the central printing apparatus could not keep pace with demand — notes were being obsolete before the ink dried.
Bavaria's political situation that October was particularly volatile; the state government was briefly at odds with Berlin, and local financial institutions carried unusual weight. This denomination, staggering on its face, was already insufficient for many daily transactions within weeks of issue.