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100 000 000 Mark
| Issuer | Stadtkasse Oggersheim |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Paper |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Lerne vom Alten Neues gestalten, Daß es mag frommen Denen, die kommen. 100000000 Millionen Mark Stadt Oggersheim. Die Stadtkasse Oggersheim zahlt dem Einlieferer dieses Scheines Einhundert Millionen Mark Oggersheim, den 24. August 1923. Dieser Schein ist aufgrund des Stadtratsbeschlusses vom 14. August 1923 ausgegeben. — Das Ende der Umlaufzeit wird in Oggersheim öffentlich bekannt gemacht. Siegel aus dem 14. Jahrhundert (Translation: Learn from the old Shape the new, That it may benefit Those who come. 100,000,000 Million Marks City of Oggersheim. The Oggersheim City Treasury pays the depositor of this note One hundred million marks Oggersheim, August 24, 1923. This note was issued pursuant to the City Council resolution of August 14, 1923. — The end of its circulation period will be publicly announced in Oggersheim. Seal from the 14th century) |
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| Reverse lettering | Druck von H. Riebsam, Oggersheim |
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| Comments |
Oggersheim was a small Ludwigshafen suburb with no particular claim to monetary authority, yet by August 1923 the Stadtkasse — essentially the municipal cashier's office — was issuing hundred-million Mark notes simply to meet weekly payroll. This was not unusual in the Ruhr inflation peak: hundreds of German municipalities, factories, and savings banks printed their own emergency currency (Notgeld) because the Reichsbank could not physically produce and distribute denominations fast enough to match the daily collapse in purchasing power.
H. Riebsam was a local printer pressed into emergency service. The speed of production almost certainly meant minimal security features.