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| 正面铭文 | Reichsbanknote EINHUNDERT MILLIONEN MARK zahlt die Reichsbankhauptkasse in Berlin gegen diese Banknote dem Einlieferer. Vom 1. Oktober 1923 ab kann diese Banknote aufgerufen und unter Umtausch gegen andere gesetzliche Zahlungsmittel eingezogen werden Berlin, den 22. August 1923 Reichsbankdirektorium Wer Banknoten nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Zuchthaus nicht unter zwei Jahren bestraft (Translation: Reich bank note ONE HUNDRED MILLION MARKS the Reichsbank main cash office in Berlin pays the consignor against this banknote. From October 1, 1923, this banknote can be called up and withdrawn in exchange for other legal tender Berlin, August 22, 1923 Reichsbank Directorate Anyone who copies or falsifies banknotes or procures and sells counterfeit or falsified banknotes shall be sentenced to imprisonment for not less than two years) |
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By August 1923, when this note entered circulation, the Reichsbank was printing on one side only to save time — the presses simply could not keep up with demand. The 100,000,000 Mark denomination, which would have seemed grotesque even a year earlier, was itself obsolete within weeks. A loaf of bread in Berlin cost more than this note's face value before the month was out.
Pick 107 is among the more frequently encountered survivors of the hyperinflation series precisely because so many were printed and so few were actually spent before becoming worthless. The Rentenmark stabilization of November 1923 ended the madness, but billions of these notes were simply abandoned — stuffed in drawers, used as scrap paper, kept as curiosities.