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100 000 Mark

Issuer Stadt Chemnitz (City of Chemnitz)
Year 1923
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Size 131 × 89 mm
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Obverse lettering Hunderttausend Mark zahlen in Chemnitz die Stadthauptkasse und sämtliche Banken und Bankiers gegen Rückgabe dieses Gutscheines. Chemnitz, den 10. August 1923 Rat und Stadtverordnete der Stadt Chemnitz Die Gültigkeit dieses Scheines erlischt spätestens am 31. Oktober 1923.
Reverse description A pale green geometric-floral guilloche underprint covers the entire field, over which a line-engraved vignette of Chemnitz Market Square is printed in olive-green, centred in the lower two-thirds of the note and showing the Rathaus tower and adjacent civic buildings with figures and a monument in the foreground. The denomination 'Einhunderttausend Mark' is inscribed in italic script across the upper portion of the note.
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Comments

Chemnitz was one of hundreds of German municipalities forced to print its own emergency currency during the hyperinflationary collapse of 1923, when the Reichsbank could not produce notes fast enough to keep pace with the mark's devaluation. By August of that year, 100,000 marks — a sum that would have seemed fantastical just two years earlier — could barely cover a tram fare. Stadt Chemnitz, a major Saxon industrial center, issued this note under the legal framework of Notgeld, which gave local authorities temporary authority to produce circulating paper.

The printing was done locally, almost certainly on commercial presses not designed for currency work — a practical necessity, not a choice. Typographic quality across the Chemnitz municipal issues varies noticeably within the same series.

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