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100 000 000 Mark Bautz

Issuer J. Bautz A.-G. Erntemaschinen-Werk, Saulgau
Year 1923
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Size 136 × 91 mm
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Obverse description Typographically dense notgeld on cream paper, printed in dark grey-black by letterpress within a decorative geometric border. The denomination is set in large ornate blackletter script reading 'Gutschein über Hundert Millionen Mark', with 'Lit. F' appearing in the upper left and a red circular company stamp along with a red serial number in the upper right corner. The lower portion carries the full redemption text in blackletter, the issuer's name and place, a manuscript facsimile signature, and the anti-counterfeiting warning 'Nachahmung und Fälschung wird bestraft' along the bottom margin.
Obverse lettering Lit. F
Gutschein über Hundert Millionen Mark
Dieser Gutschein wird bis 1. Dezember 1923 gegen Verrechnung sofort, gegen bar nach Behebung der Bargeldknappheit von der J. Bautz A.-G., Erntemaschinen-Werk Saulgau, sowie von der Gewerbebank Saulgau in Zahlung genommen. Fristverlängerung vorbehalten.
J. Bautz A.-G. Erntemaschinen-Werk, Saulgau/Württ.
Saulgau, den 10. Oktober 1923
Nachahmung und Fälschung wird bestraft
Gebr. Edel, Saulgau.
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Comments

J. Bautz A.-G. was an agricultural machinery manufacturer in Saulgau — not a bank, not a municipality, not a government body. During the peak of the 1923 hyperinflation, the Reichsbank simply could not supply enough notes fast enough, and private companies with payrolls to meet were legally permitted to issue their own emergency currency, known as Notgeld. Bautz printed this note locally through Gebr. Edel, almost certainly to pay factory workers who needed cash in hand before the denomination became worthless by afternoon.

One hundred million marks. A weekly wage, briefly.

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