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| 正面描述 | The obverse is printed in red and green on a light pink paper with a floral guilloche underprint. A decorative green border with corner medallions bearing the numeral '100' in red frames the central design, which consists of two interlocking laurel-wreath vignettes: the left enclosing a spoked wheel motif and the right a rearing horse. The denomination 'Hundert Millionen Mark' is inscribed in bold red Gothic script across the centre, above the issuance text 'Osnabrück, den 1. September 1923' and the issuer designation 'Die Handelskammer', with four manuscript signatures below and a circular Handelskammer Osnabrück seal at lower left. |
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| 正面铭文 | Gutschein über Hundert Millionen Mark Osnabrück, den 1. September 1923 Die Handelskammer No 54365 100 |
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Osnabrück's Chamber of Commerce, like hundreds of German municipal and commercial bodies in 1923, was forced into emergency currency issuance as the Reichsbank's printing capacity collapsed under hyperinflation. By the time denominations reached nine figures, these Handelskammer notes were often obsolete within days of issue — the 100,000,000 Mark face value, which would have seemed extraordinary months earlier, was routine by late summer 1923.
Local Notgeld of this period was typically printed on whatever stock was available, and Osnabrück issues are no exception. Ink adhesion and paper quality vary noticeably across surviving examples.