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100 000 000 000 Mark Reichsbahn in Bayern

Issuer Reichsverkehrsministerium, Zweigstelle Bayern (Imperial Ministry of Transport, Bavaria Branch)
Year 1923
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Currency Mark (1914-1924)
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Obverse lettering GUTSCHEIN.
Hundert Milliarden
Mark
zahlen die Reichsbahnkassen gegen Einlieferung dieses Gutscheins. Vom 1. Januar 1924 Einzug aufgerufen und unter die gesetzliche Zahlungsmittel ab kann dieser Gutschein zum Umtausch gegen andere gesetzliche eingezogen werden.
Reichsverkehrsministerium, Zweigstelle Bayern.
München, am 26. Oktober 1923.
100 Milliarden
Wer Gutscheine nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Zuchthaus nicht unter 2 Jahren bestraft.
MEINDL, MÜNCHEN-PASING
Reverse description The reverse shows the show-through of the obverse printing on plain uncoated paper, with the blackletter text and guilloche pattern visible in mirror image. No independent design elements are present on this side, consistent with a single-sided emergency currency Gutschein of the hyperinflationary period.
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Comments

One of hundreds of notgeld types issued by German railway and transport authorities during the hyperinflation of autumn 1923, this note reflects the structural absurdity of that period: a federal ministry branch issuing its own emergency currency denominated in hundred-billion marks, simply to pay workers and cover day-to-day operational costs when Reichsbank notes arrived too slowly to keep pace with price increases.

Meindl's München-Pasing printworks were typical of the smaller regional firms pressed into emergency currency production that year — not specialist security printers, but whatever facility could turn paper around quickly.

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