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| 表面の説明 | Red-toned notgeld printed on plain paper, with a guilloche-patterned underprint throughout. The heading reads 'Reichsbahndirektion Frankfurt a.M.' at top, below which the word 'GUTSCHEIN' appears in bold letterpress, followed by the large Gothic script denomination 'Hundert Milliarden Mark'. A central text block sets out the redemption conditions, flanked on either side by eagle vignettes, with the circular official stamp of the Reichsbahn-Direktion Frankfurt (M) at lower left alongside manuscript signatures; the date 'Frankfurt a.M., 22. Oktober 1923' and the printed numeral '100 000 000 000' appear at the foot. |
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| 表面の銘文 | ログイン して詳細を見る |
| 裏面の説明 | The reverse is unprinted and shows plain cream-coloured paper with visible fold lines and wear consistent with circulation; a red ink stamp reading 'ENTWERT' (cancelled) with an asterisk is visible in the upper right area, applied as a cancellation mark. |
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| 偽造防止技術 | ログイン して詳細を見る |
| 偽造防止の説明 | ログイン して詳細を見る |
| バリエーション | ログイン して詳細を見る |
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By autumn 1923, Germany's hyperinflation had advanced far enough that the national railway authority — the Reichsbahndirektion — was issuing its own emergency currency. This was not unusual for the period; hundreds of municipalities, industrial firms, and state agencies produced Notgeld when the Reichsbank simply could not print fast enough to meet demand. The Frankfurt Reichsbahndirektion turned to a local Frankfurt printer, J. Maubach & Co., rather than waiting on centralized supply.
A hundred billion marks. By the time notes like this reached workers as wage payments, that sum bought roughly a loaf of bread — if the exchange rate hadn't moved again by morning.