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100 000 000 000 Mark Reichsbahndirektion
| Issuer | Reichsbahndirektion Stuttgart |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 100 000 000 000 Mark (100 000 000 000) |
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| Obverse description | Printed on plain white paper in dark grey with a dark brown border frame and text. The central vignette presents an etching-style illustration of a railway viaduct with a steam locomotive crossing, set within a landscape of trees and figures; a decorative guilloche band runs along the right margin. The serial number is printed in black, five digits preceded by "Nr." |
|---|---|
| Obverse lettering | Reichsbahndirektion Stuttgart Gutschein HUNDERT MILLIARDEN MARK Dieser Gutschein wird von der Eisenbahnhauptkasse Stuttgart eingelöst,im Wege der Verrechnung Sofort in bar nach Behebung der gegenwärtigen Bargeldknappheit.Der Zeitpunkt der Bar einlösung wird im- Staats=Anzeiger für Wurttemberg und durch Anschlog auf den Bahnhöfen bekanntgegeben werden. Stuttgart,den 23.Oktober 1923 Präsident |
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| Comments |
The Reichsbahndirektion Stuttgart was one of several regional railway directorates authorized to issue emergency currency — Notgeld — during the hyperinflation crisis of autumn 1923, when the Reichsbank could not physically produce denominations fast enough to keep pace with collapsing purchasing power. By November 1923, a single US dollar was worth roughly 4.2 trillion Marks; a hundred billion was, briefly, useful.
Railway directorates had the institutional infrastructure — payroll obligations, captive workforce, regional distribution networks — that made them practical emergency issuers. Stuttgart's notes circulated primarily within Württemberg.