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100 000 Mark
| Issuer | Stadt Köln (City of Cologne) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Stadt Köln 1923 Hunderttausend Mark Serie C Gutschein über Hunderttausend Mark Dieser Gutschein wird von allen städtischen und anderen öffentlichen Kassen in Zahlung genommen. Er verliert seine Gültigkeit einen Monat nach Aufkündigung in den Kölner Ortsblättern. Die Stadtgemeinde Köln haftet für die Einlösung. Köln, den 1. Juli 1923. Der Oberbürgermeister Stadt Köln |
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| Reverse lettering | Hunderttausend Mark Stadt Köln M. DUMONT SCHAUBERG KÖLN |
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| Comments |
Cologne's municipal administration issued emergency currency — Notgeld — during the hyperinflationary crisis of 1923, when the Reichsmark's collapse made denominations like this 100,000 Mark note necessary just to conduct ordinary commerce. M. Dumont Schauberg, a Cologne-based publishing house with roots in the city's press trade going back to the eighteenth century, handled the printing locally — a practical choice when transport costs and supply chains were themselves destabilized by the inflation.
The signature line reading "Der Oberbürgermeister" reflects the legal fiction that municipal authorities had the standing to issue currency at all — a concession Berlin made to practical necessity rather than constitutional principle.