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100 000 000 000 Mark Reichsbahndirektion
| Issuer | Reichsbahn-Direktion Dresden |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | GUTSCHEIN der Reichsbahn-Direktion Dresden Hundert Milliarden Mark zahlen die Kassen der Reichsbahn im Bereiche der unterzeichneten Reichsbahn-Direktion gegen Rückgabe dieses Gutscheines. DRESDEN, den 26. Oktober 1923. REICHSBAHN-DIREKTION Der Präsident: Hauptkasse: REICHSBAHNDIREKTION DRESDEN |
| Reverse description | The reverse is unprinted, displaying only the plain paper stock with show-through of the obverse letterpress impression, a double rectangular frame border, and no additional text or design elements. |
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| Comments |
The Reichsbahn-Direktion Dresden was one of several regional railway directorates authorized to issue emergency currency — Notgeld — during the hyperinflation crisis of 1923, when the Reichsbank simply could not print and distribute legal tender fast enough to keep pace with collapsing purchasing power. Railway administrations, municipal governments, and private firms all stepped in to fill the gap. By the time denominations reached the hundred-billion mark level, a note like this would have bought little more than a loaf of bread, possibly less depending on the week it circulated.
Regional railway-issued Notgeld from this period is frequently found with ink strike inconsistencies, a result of hasty overprinting on whatever paper stock was available locally.