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100 000 000 Mark Reichsbahndirektion

Issuer Reichsbahndirektion Halle (Saale)
Year 1923
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Value 100 000 000 Mark (100 000 000)
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Obverse description Printed in brown-red on cream paper stock with an overall fine guilloche underprint, the note bears the denomination title 'Einhundert Millionen Mark' in bold Gothic blackletter script across the upper field, with the numeral '100' in each corner. The central text body sets out the redemption obligation of the Eisenbahnkassen des Reichsbahndirektionsbezirks Halle, dated Halle (Saale), 26. September 1923, above the issuer name 'Reichsbahndirektion'. A circular official cachет bearing the Reichsadler and the legend 'Reichsbahn-Direktion Halle (Saale)' is applied to the lower left, flanked by two manuscript signatures, with a validity clause running along the bottom margin.
Obverse lettering Einhundert Millionen Mark
(Deutsches Reichspapiergeld)
zahlen die Eisenbahnkassen des Reichsbahndirektionsbezirks Halle gegen Rückgabe dieses Gutscheines
Halle (Saale), 26. September 1923
Reichsbahndirektion
Dieser Schein verliert seine Gültigkeit vier Wochen nach Aufruf
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Comments

The Reichsbahndirektion Halle (Saale) issued this 100-million Mark note during the catastrophic inflation peak of late 1923, when the German national railway administration's regional offices were among the countless non-bank entities authorized to print emergency currency — Notgeld — simply to meet payroll. Railway workers could not wait for centrally printed notes to arrive; the money lost meaningful value within hours of issuance.

Locally printed emergency issues from the Reichsbahn directorates are frequently encountered with minor typographic inconsistencies between batches, as printing was often contracted out in haste to whatever press could handle the job quickly.

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