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| Issuer | Commerz- und Privat-Bank, Aktiengesellschaft, Filiale Zittau |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 100 000 000 Mark (100 000 000) |
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| Obverse description | Notgeld cheque format note dated 29 September 1923, drawn on Die Oberlausitzer Bank, Abteilung der Allgemeinen Deutschen Credit-Anstalt in Zittau, issued by Commerz- und Privat-Bank, Aktiengesellschaft, Filiale Zittau. The denomination "Hundert Millionen Mark" is rendered in large Gothic blackletter script across the centre, set against a light guilloche underprint in blue. The lower portion bears three manuscript signatures above the notation "Nur zur Verrechnung!" and the imprint of the printer Vereinigte Druckereien, Paul Gutte, Zittau; a vertical right-side panel repeats the denomination "100 Millionen" in rotated text with a presentation deadline notice. |
|---|---|
| Obverse lettering | Auf Zittau Die Oberlausitzer Bank Abteilung der Allgemeinen Deutschen Credit-Anstalt in Zittau wolle zahlen gegen diesen Scheck aus unserem Guthaben an Überbringer Hundert Millionen Mark Zittau, den 29. September 1923 Commerz- und Privat-Bank, Aktiengesellschaft Filiale Zittau Kontrolliert: Nur zur Verrechnung! Dieser Scheck muß bis zum 15. Dezember 1923 zur Zahlung vorgelegt werden. |
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| Comments |
Commerz- und Privat-Bank was one of Germany's major joint-stock commercial banks, but by mid-1923 the Reichsbank's printing capacity had so completely collapsed under hyperinflationary demand that regional branches of private banks were authorized to issue their own notgeld at astronomical face values. This note, produced locally by Paul Gutte's Vereinigte Druckereien in Zittau, is a product of that arrangement — a Saxon city printing its own hundred-million-mark instruments through a commercial press more accustomed to trade publications.
The Zittau branch issuance is relatively uncommon compared to the Hamburg head office material from the same period.