Catalog
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| Issuer | Hessische Landesbank |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 100 000 000 Mark (100 000 000) |
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| Composition | Log in to see details |
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| Obverse description | Red letterpress design on buff paper with an ornate Art Nouveau-influenced layout; the large denomination legend 'HUNDERT MILLIONEN MARK' is set in bold decorative typeface across the centre, flanked by stylised foliate ornaments and four corner panels each bearing '100 Millionen'. The upper portion carries the issuer's name and 'NOTGELDSCHEIN ÜBER' in a header panel, while the lower half includes a three-line redemption text in German script, the place and date 'Darmstadt, den 1. Oktober 1923', a crowned Hessian lion coat of arms in a circular vignette at centre-bottom, and two manuscript signatures to the right under 'Direktorium der Hessischen Landesbank'. A green serial number and series letter appear at lower left. |
|---|---|
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| Reverse description | Log in to see details |
| Reverse lettering | Hundert Millionen Mark HESSISCHE LANDESBANK 100 |
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| Comments |
The Hessische Landesbank was one of dozens of regional and municipal institutions authorized to issue emergency currency during the hyperinflation of 1923, when the Reichsbank's own output could no longer keep pace with denominations that were doubling weekly. A note of 100 million Mark would have bought roughly a loaf of bread at mid-1923 prices — and rather less by October.
The print run of just over 12 million is modest by the standards of that summer's output, suggesting issue late in the inflation cycle when demand had already outpaced denominations at this level.