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100 000 000 Mark

Issuer Stadt Bamberg (City of Bamberg)
Year 1923
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Composition Paper
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Obverse lettering Gutschein der Stadt Bamberg EIN HUNDERT MILLIONEN MARK Bamberg im okt.1923 Stadtrat. Oberbürgerm. geheim,Rat Dieser Gutschein wird Bamberg bei allen Stadt-u Staatskassen angenommen und hat Gültigkeit bis zum 1.Jan.1924.Mit dem 31.Mai.1924 erlischt jeder Anspruch aus diesen Gutschein.
Reverse description Light green underprint on white paper. The denomination is printed vertically at right in dark brown letterpress. The remaining text, comprising a verse, is set in dark brown across the face of the note.
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Bamberg's hundred-million mark note dates from the hyperinflation peak of autumn 1923, when municipal and regional authorities across Germany were authorized to issue emergency currency — Notgeld — to compensate for the Reichsbank's inability to supply sufficient physical denominations fast enough. By October that year, a single loaf of bread could cost several hundred million marks, which puts the face value here in grim perspective.

Printed locally by J. Nagengast, a Bamberg-based commercial printer with no specialist security printing background. The watermark is present, but municipal Notgeld of this type was notoriously easy to counterfeit, and local issuers rarely had the procurement infrastructure to enforce consistent paper quality across print runs — condition and paper texture can vary noticeably between examples of the same reference number.

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