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100 000 000 Mark Kreis Wetzlar
| Issuer | Kreiskommunalkasse des Kreises Wetzlar |
|---|---|
| Year | 1923 |
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| Size | 148 × 89 mm |
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| Obverse description | The obverse carries a typeset text body in period German script, stating that the Kreiskommunalkasse des Kreises Wetzlar will pay the bearer one hundred million Mark, with the place and date of issue — Wetzlar, 9 Oktober 1923 — printed in the lower section. The denomination numeral '100' appears in large bold figures, and the text is rendered in a plain letterpress format on unadorned paper stock. |
|---|---|
| Obverse lettering | Die Kreiskommunalkasse des Kreises Wetzlar zahlt dem Einlieferer dieses Gutscheines Einhundert Millionen Mark Wetzlar, den 9. Oktober 1923 |
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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.