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100 000 000 Mark Oberlausitzer Bank

Issuer Oberlausitzer Bank, Abteilung der Allgemeinen Deutschen Credit-Anstalt
Year 1923
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Value 100 000 000 000 Mark (100 000 000 000)
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Obverse description Notgeld cheque-style emergency note printed in blue on cream paper, with the denomination 'Hundert Millionen Mark' set in large Gothic blackletter type across a central guilloche underprint band. The upper portion carries the drawee bank name and branch in two lines of letterpress text, with the serial number, location 'Auf Zittau', and face value 'M. 100 000 000' arranged across the top margin. A vertical panel at right repeats '100 Millionen' in Gothic script alongside a validity clause; the issuer's name and affiliation appear in the lower section above three manuscript signatures, with the printer's imprint 'Vereinigte Druckereien, Paul Gutte, Zittau' at the foot.
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Reverse description The reverse is unprinted, showing the plain cream paper stock with show-through of the obverse text and signatures visible in mirror image, along with scattered foxing and fold lines consistent with circulation wear.
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Comments

The Oberlausitzer Bank was a regional branch operation of the Leipzig-based Allgemeine Deutsche Credit-Anstalt, and its emergency currency issues of 1923 reflect the administrative chaos of the hyperinflation peak — when even mid-tier provincial banking affiliates were authorized, effectively by necessity, to print and circulate their own paper. By late 1923, the Reichsbank could not physically produce notes fast enough to keep pace with collapsing purchasing power, so this kind of locally printed stopgap became routine across German industry and banking.

Vereinigte Druckereien Paul Gutte in Zittau was a commercial printing house, not a specialist security printer — which is exactly the point. The note was printed where it was needed, fast.

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