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100 000 Mark
| Issuer | Amt Königssteele (Municipality of Königssteele) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Notgeld (emergency currency) voucher printed in brown and tan on plain paper, enclosed within an ornate letterpress border of interlocking floral and foliate arabesques with denomination numerals '100000' repeated vertically along both lateral margins. The central text panel carries the issuer title 'Gutschein des Amtes Königssteele' in bold Gothic typeface above the large denomination legend 'Hunderttausend Mark', with a fine guilloche underprint vignette at centre. The issue date 'KÖNIGSSTEELE, den 25. Juli 1923' appears below the denomination, flanked by two manuscript signature lines above a validity clause in small type. |
|---|---|
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| Reverse lettering | 100000 |
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| Comments |
Königssteele was a small industrial municipality in the Ruhr valley, absorbed into Essen in 1929 — meaning this note was issued by an administrative unit that would cease to exist within six years of printing it. The 100,000 Mark denomination places it squarely in the summer of 1923, when German hyperinflation was accelerating fast enough that municipal authorities across Prussia were issuing their own emergency currency, Notgeld, simply because the Reichsbank could not distribute coin and official notes quickly enough to meet local payroll and retail demand.
Small Ruhr municipalities like Königssteele were particularly pressed: industrial wages had to be paid weekly, sometimes daily, in quantities the central supply could not cover.