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100 000 000 Mark
| Issuer | Stadt Oberhausen (City of Oberhausen) |
|---|---|
| Year | 1923 |
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| Size | 135 × 82 mm |
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| Obverse description | Printed in dark brown on pale pink paper, the note is framed by a wavy-line guilloche border with an inner decorative rule. The denomination 'Hundert Millionen Mark' is set in large blackletter script across the upper field, below the issuing authority header. At centre, the municipal coat of arms of Oberhausen — a quartered shield with civic and industrial emblems — is flanked by two text panels stating the legal tender conditions, with the issue date 'Oberhausen Rhld., den 20. September 1923' and the facsimile signature of the Oberbürgermeister printed below. A red alphanumeric serial number appears at lower left, and the denomination '100 Millionen Mark' is printed vertically along the right margin in blackletter script. |
|---|---|
| Obverse lettering | Notgeld der Stadt Oberhausen Rhld. - Hundert Millionen Mark - Dieser Schein wird von allen städt. Kassen in Oberhausen Rhl. in Zahlung genommen. Er verliert seine Gültigkeit einen Monat nach Aufkündigung in den Ortszeitungen. Oberhausen Rhld., den 20. September 1923. Der Oberbürgermeister. I. V.: Menne. 100 Millionen Mark |
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| Comments |
Oberhausen's 100-million Mark note dates from the absolute peak of the Weimar hyperinflation — by the time notes of this denomination were being issued by municipal authorities in August and September 1923, the Reichsbank could not print fast enough to keep commerce moving. Cities, counties, and private firms issued their own emergency currency, Notgeld, to cover the gap. Oberhausen, a heavily industrial Ruhr city, was already under acute economic pressure from the Franco-Belgian occupation that had begun in January 1923.
The Ruhr occupation specifically targeted the region's coal and steel output, paralyzing the local economy and accelerating the currency collapse that made notes like this necessary in the first place.