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100 000 000 000 Mark Handelskammer
| Issuer | Handelskammer zu Osnabrück (Chamber of Commerce) |
|---|---|
| Year | 1923 |
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| Currency | Mark (1914-1924) |
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| Obverse description | Grey letterpress-printed notgeld on plain paper, enclosed within a multi-rule border with foliate corner ornaments and guilloche band along the top and bottom edges; the denomination '100' appears in each of the four corners within circular cartouches. The central field carries the title 'Gutschein über' above the large Fraktur legend 'Hundert Milliarden Mark', flanked on either side by interlaced wreath vignettes. Below the denomination text appears the place and date 'Osnabrück, den 1. September 1923', followed by the issuer designation 'Die Handelskammer', a red oval official stamp of the Handelskammer zu Osnabrück bearing an eagle, and four manuscript signatures of chamber officials. |
|---|---|
| Obverse lettering | Gutschein über Hundert Milliarden Mark Osnabrück, den 1. September 1923 Die Handelskammer HANDELSKAMMER ZU OSNABRÜCK |
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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.