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| Issuer | Stadrat Bad Tölz (City of Bad Tölz) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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| Obverse description | The left panel of this Notgeld note carries an oval portrait vignette of a historical male figure in period costume and plumed hat, rendered in fine engraved line work, with the annotations 'AET S. H.' and 'L.I.' flanking the portrait; below the oval, the denomination 'Hunderttausend' appears in a bold black banner, with '100,000 Mark' repeated within a diamond-shaped frame. The right panel, printed on a fine guilloche underprint in violet, bears the issuing authority heading in Gothic blackletter script at upper right, the denomination 'Hunderttausend Mark' in large display type, the place and date of issue, validity clause, the circular official seal of the city of Bad Tölz with a lion motif, and three manuscript signatures. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse carries a large central vignette reproducing an early historical engraving of the town of Tölz as it appeared circa 1700, set within a fine rectangular border; the panoramic view shows the Isar river in the foreground with the town's church towers, castle, and medieval rooftops rising behind. The denomination '100,000' is printed vertically in large numerals along both left and right margins, and the caption below the central vignette reads 'Tölltz um 1700.' in italic script, flanked by decorative floral ornaments. |
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| Comments |
Bad Tölz, a small Bavarian spa town, was among hundreds of German municipalities forced to print their own emergency currency during the hyperinflation of 1923 — a period when the Reichsbank could not produce notes fast enough to keep pace with collapsing purchasing power. This Stadtrat issue is Notgeld in its most desperate form: not the decorative collector-oriented Kleingeldscheine of 1920–21, but a functional stop-gap with a face value that would have seemed unthinkable just eighteen months earlier.
The 100,000 Mark denomination places this note squarely in the summer of 1923, before the autumn acceleration that pushed denominations into the billions.