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100 000 000 Mark Kreis Wetzlar
| Issuer | Kreiskommunalkasse des Kreises Wetzlar |
|---|---|
| Year | 1923 |
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| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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|---|---|
| Obverse lettering | Die Kreiskommunalkasse des Kreises Wetzlar zahlt dem Einlieferer dieses Gutscheines Einhundert Millionen Mark Wetzlar, den 9. Oktober 1923 |
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| Reverse lettering | Fürstlich Solms-Braunfels'sche Domäne Kloster Altenberg |
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| Comments |
Kreis Wetzlar was a small administrative district in Hessen-Nassau, and like hundreds of German municipalities in the autumn of 1923, it was forced to issue its own emergency currency — Notgeld — because Reichsbank notes were being rendered worthless faster than they could be printed and distributed. The Kreiskommunalkasse, the district's communal treasury, was not a bank in any conventional sense; it was a local government cashier's office suddenly pressed into the role of currency issuer.
By the time 100-million-Mark denominations were necessary, Germany's hyperinflation had entered its terminal phase. The Rentenmark stabilization came in November 1923, after which most local emergency issues were demonetized almost immediately.