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| Issuer | Stadtgemeinde Heilbronn (City Municipality of Heilbronn) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| 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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| Comments |
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.