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100 000 Mark

Issuer Stadt Düsseldorf (City of Düsseldorf)
Year 1923
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Currency Mark (1914-1924)
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Obverse description Typographic design in dark ink on pale paper, dominated by large bold Gothic blackletter text reading 'STADT DÜSSELDORF' at centre, flanked by two oval guilloche medallions each bearing the word 'hunderttausend' in script. The denomination '100 000' appears in oversized numerals across the upper and lower registers, with 'MARK' lettered between them at the top. A fine scrollwork and acanthus-leaf underprint fills the background, and a small inscription at the lower centre reads 'Ausgegeben auf Grund der Ermächtigung des Reichsfinanzministeriums'.
Obverse lettering 100 000 · MARK · STADT DÜSSELDORF hunderttausend Ausgegeben auf Grund der Ermächtigung des Reichsfinanzministeriums
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Stadt Düsseldorf was one of hundreds of German municipalities forced to issue their own emergency currency during the hyperinflationary spiral of 1923, when the Reichsbank simply could not print fast enough to meet demand. By the time 100,000-Mark notes were being issued at the municipal level, the denomination was already losing purchasing power within days of leaving the press — in some weeks, faster than that.

L. Schwann was a Düsseldorf-based commercial printer with an established reputation in lithographic work, not a specialist banknote printer. That distinction mattered little by mid-1923, when print quality had been subordinated entirely to speed of output.

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