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100 000 000 Mark
| Issuer | Stadt Kiel (City of Kiel) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | DeNG 12#2614i |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 100 Millionen Notgeld der Stadt Kiel Gegen Einlieferung dieses Scheines zahlt die Stadthauptkasse Kiel den Betrag von Hundert Millionen Mark 100 000 000 Stadt Kiel Oberbürgermeister. Bürgermeister. Stadt Vorsteher. Stellv. Stadtn. Vorsteher Dieser Schein verliert seine Gültigkeit innerhalb eines Monats nach Aufruf |
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| Protection type | Log in to see details |
| Protection description | Oval pattern watermark (Keller #181) |
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| Comments |
Kiel issued its own emergency currency — Notgeld — because the Reichsbank simply could not print fast enough to keep pace with hyperinflation in 1923. By the time a 100-Million-Mark note reached a citizen's hands, its purchasing power had often already halved. Municipal and regional authorities across Germany stepped in to fill the gap, with Kiel among dozens of cities authorized to issue their own paper.
The watermarked paper is notable — many late-hyperinflation Notgeld issues dispensed with security features entirely as costs and time pressures mounted.