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| 正面描述 | The obverse carries a central text block with the heading 'Kassenschein des Stadtkreises und des Landkreises Coblenz' above the denomination '100 Millionen Mark' in bold letterpress. A redemption clause states that the note is redeemable at any time at the Stadtkasse and Kreisgemeindekasse in Coblenz, with the issue date of 1 September 1923 and the dual authority signatures of the Stadtkreis Coblenz (Oberbürgermeister) and the Landkreis Coblenz (Vorsitzender des Kreisausschusses) printed below. |
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| 正面铭文 | Kassenschein des Stadtkreises und des Landkreises Coblenz 100 Millionen Mark Dieser Kassenschein kann jederzeit bei der Stadtkasse und der Kreisgemeindekasse in Coblenz eingelöst werden Coblenz, den 1. September 1923 Stadtkreis Coblenz der Oberbürgermeister Landkreis Coblenz der Vorsitzende des Kreisausschusses |
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By August 1923, German municipal authorities were legally permitted — indeed, expected — to issue their own emergency currency as the Reichsbank lost all practical control over inflation. Coblenz sat within the French-occupied Rhineland zone, which added a particular layer of administrative complexity: local notgeld had to function under both German monetary law and the watchful eye of occupation authorities who had their own interests in Rhineland economic stability.
The hundred-million-mark denomination tells you exactly where this note sits in the hyperinflationary timeline — late summer into early autumn 1923, before the November Rentenmark reform finally broke the spiral. Printed locally, which was the only realistic option at that stage given the volume and speed of production required across hundreds of issuing bodies simultaneously.