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100 000 000 000 Mark Handelskammer
| Issuer | Handelskammer zu Osnabrück (Chamber of Commerce) |
|---|---|
| Year | 1923 |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein über Hundert Milliarden Mark Osnabrück, den 1. September 1923 Die Handelskammer HANDELSKAMMER ZU OSNABRÜCK |
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| Reverse lettering | Hundert Milliarden Mark Dieser Gutschein behält seine Gültigkeit bis zum Ablauf der in öffentlicher Bekanntmachung von uns festgesetzten Frist zur Einziehung und Einlösung. 100 100 Gegen Einlieferung dieses Gutscheins zahlt die Handelskammer zu Osnabrück den Betrag von 100 Milliarden Mark. Die Einlösung erfolgt bei den von der Handelskammer zu Osnabrück beauftragten Zahlstellen. |
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| Comments |
Osnabrück's Chamber of Commerce issued this note during the final, vertigo-inducing weeks of the Weimar hyperinflation — by late 1923, the Reichsbank could not print fast enough to meet payroll demand, and hundreds of municipal and commercial bodies across Germany issued their own Notgeld to cover wages. A hundred billion marks. At the peak of the crisis in November 1923, that denomination would barely buy a newspaper.
The Handelskammer series from Osnabrück is among the more obscure provincial emergency issues of that period, dwarfed in collector attention by the flood of Berlin and Hamburg material.