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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 description Grey-toned letterpress note with a decorative guilloche underprint and a faint vignette of Heilbronn's townscape at centre. The denomination "Hundert Millionen Mark" is set in bold Gothic blackletter script across the middle field, above a two-line payment text. A serial number appears vertically at left, with manuscript signatures of the Oberbürgermeister and Stadtpfleger at foot.
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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.

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