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100 000 000 Mark

Issuer Magistrat der Stadt Bochum
Year 1923
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Currency Mark (1914-1924)
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Obverse description The face of this Notgeld issue is printed in grey-blue on white paper, with an elaborate guilloche underprint throughout. Four circular medallions at the corners each bear the numeral '100' surrounded by the inscription 'MILLIONEN'. The denomination 'Einhundert Millionen Mark' is set in ornate Gothic blackletter script across the centre, above the promise-to-pay text and the large watermark-style numeral '100' as a central underprint. The date 'Bochum, 17. September 1923' appears at lower left, flanked by the series designation 'Reihe S' and serial number, with two facsimile signatures of the Oberbürgermeister and Bürgermeister at lower right below the authority line 'Der Magistrat der Stadt Bochum'.
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Reverse lettering Notgeld der Stadt Bochum
Einhundert Millionen Mark
zahlen die städtischen Kassen in Bochum
dem Einlieferer dieses Scheines
Bochum, 17. September 1923.
Der Magistrat der Stadt Bochum
Reihe S
100 MILLIONEN
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Comments

Bochum's municipal authority issued this 100-million Mark note at the absolute peak of Weimar hyperinflation — by late 1923, denominations that would have seemed absurd in 1921 were insufficient to buy a loaf of bread. German cities and municipalities had broad latitude to issue their own emergency currency (Notgeld) throughout this period, partly because the Reichsbank simply could not print fast enough to keep pace with collapsing purchasing power.

Municipal printers working locally under these conditions often cut corners on security features. Forgery was, paradoxically, barely worth the effort at denominations like this.

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