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100 000 000 Mark

Issuer Stadt Duisburg (City of Duisburg)
Year 1923
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Currency Mark (1914-1924)
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Reverse description The reverse, printed in the same dark brown ink on pale buff paper, carries the identical repeated-text guilloche underprint across the full field, with vertical panels of ornamental cross-hatched borders framing the left and right edges. A central cartouche enclosed by calligraphic flourishes bears the numeral '100.000.000' with 'MARK' in spaced capitals beneath it, surmounted by 'Stadt Duisburg' in blackletter script.
Reverse lettering Stadt-Duisburg-
100.000.000
MARK
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Stadt Duisburg was one of hundreds of German municipal authorities that resorted to issuing Notgeld during the hyperinflation of 1923, when the Reichsbank simply could not supply enough physical currency to keep pace with collapsing purchasing power. By the time hundred-million-mark denominations were being printed and circulated at the local level, the inflation had already made the figures functionally meaningless within days of issue.

Duisburg's position in the occupied Ruhr added a specific complication: French and Belgian troops had moved into the industrial region in January 1923, and the German government's policy of passive resistance disrupted normal economic activity severely enough that local emergency currency proliferated faster here than in many other cities.

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