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100 000 000 Mark Altkloster
| Issuer | Gemeinde Altkloster (Municipality of Altkloster) |
|---|---|
| Year | 1923 |
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| Composition | Log in to see details |
| Size | 137 × 82 mm |
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| Obverse description | The obverse is printed in red on cream paper, framed by a decorative double border with ornamental corner squares. The title 'Gutschein' is set in large Gothic Fraktur script across the upper field above an arabesque guilloche underprint, with the denomination '100.000.000.- Mark' in bold letterpress numerals at centre and the written-out value 'Einhundert Millionen Mk.' below. To the lower left, an oval official municipality stamp of 'Gemeinde Altkloster, Kreis Stade' is applied, and to the lower right appears the manuscript signature of the Gemeindevorstand above the issuing authority title, with the date 'Altkloster, 1. Oktober 1923' and validity text in the central field. |
|---|---|
| Obverse lettering | Gutschein der Gemeinde Altkloster über 100.000.000.- Mark Einhundert Millionen Mk. Dieser Gutschein wird bis zum 30. November 1923 von der Gemeindekasse und der Spar- und Darlehnskasse Altkloster in Zahlung genommen. Altkloster, 1. Oktober 1923. Der Gemeindevorstand Gemeinde Altkloster Kreis Stade |
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| Comments |
Altkloster is a small community in the Stade district of Lower Saxony, and like hundreds of German municipalities in the summer and autumn of 1923, it was forced to issue its own emergency currency — Notgeld — simply to keep local commerce functioning as Reichsbank notes became worthless faster than they could be printed. A denomination of 100,000,000 Mark sounds extraordinary, but by August 1923 that figure bought roughly a loaf of bread, and within weeks even that purchasing power had evaporated.
Municipal Notgeld of this hyperinflationary phase was typically printed on short notice by local printers with whatever stock was available, which accounts for the wide variation in paper quality across surviving examples from the same issue.