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100 000 000 Mark

Issuer Stadtgemeinde Heilbronn (City Municipality of Heilbronn)
Year 1923
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Currency Mark (1914-1924)
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Obverse lettering Notgeldschein der Stadtgemeinde Heilbronn a.N
Hundert Millionen Mark
zahlt die Stadtkasse Heilbronn dem Einlieferer gegen diesen Kassenschein.
Heilbronn a.N., 15. Aug. 1923
Oberbürgermeister: Stadtpfleger:
(Translation: Emergency banknote from the Municipality of Heilbronn on the Neckar
One Hundred Million Mark
The Heilbronn city treasury pays the consignor against this receipt.
Heilbronn on the Neckar, August 15, 1923
Mayor: City Clerk:)
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Reverse lettering Notgeldschein
der
Stadtgemeinde Heilbronn
100,000,000
(Translation: Emergency banknote
of the
Municipality of Heilbronn
100,000,000)
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Heilbronn issued this 100-million Mark note during the most acute phase of the German hyperinflation — August and September 1923, when municipal authorities across the Reich were authorized to print their own emergency currency, Notgeld, simply to meet payroll. The Reichsbank could not produce denominations fast enough to keep pace with depreciation, so cities filled the gap themselves.

By the time notes of this denomination were circulating, the figure on the face was already obsolete within days of issue. The Rentenmark reform of November 1923 rendered the entire series worthless at a conversion rate of one trillion paper Marks to one new Rentenmark.

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