Catalog
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| Issuer | Deutsche Reichsbahn, Direktionsbezirk Erfurt |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 100 000 000 Mark (100 000 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Deutsche Reichsbahn - Direktionsbezirk Erfurt Gutschein über Hundert Millionen Mark Dieser Gutschein wird von den Eisenbahnkassen in Zahlung genommen oder gegen andere Zahlungsmittel umgetauscht. Vom 1. November 1923 ab kann dieser Gutschein zur Einlösung aufgerufen werden. Erfurt, den 22. September 1923 Reichsbahndirektion A. Stenger, Erfurt |
| Reverse description | The reverse is unprinted, showing plain buff paper with a faint impression of the obverse text visible through the thin stock, and the embossed outline of the official circular stamp showing through from the face. |
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| Comments |
Deutsche Reichsbahn's regional directorate at Erfurt was among dozens of state enterprises and municipal bodies forced to issue their own emergency currency — Notgeld — during the hyperinflation of 1923, when the Reichsbank simply could not print fast enough to meet demand. The railway directorates had a practical incentive beyond convenience: they needed to pay wages, and denominations that were legal tender one week were functionally worthless the next.
A. Stenger was a local Erfurt printer pressed into service for this run, not a specialist banknote house. Quality control on such contracts was variable, and the paper stocks used by regional printers often differed batch to batch — something collectors notice in surviving examples of this issue.