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100 000 Mark

Issuer Stadt Kiel (Magistrat Kiel)
Year 1923
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Value 100 000 Mark (100 000)
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Obverse description Printed in olive-green on cream paper, the obverse carries a large Fraktur (blackletter) heading 'Hunderttausend Mark' across the upper field, with the denomination repeated in large numerals '100.000' along the right vertical border within a chain-link guilloche frame. To the left, a detailed letterpress vignette illustrates the Kieler Nordhafen grain elevator silo (labelled 'Kieler Nordhafen Getreidesilo 15000 T.') alongside tall-masted sailing vessels moored at the quayside. The right half carries the redemption text in Fraktur script and the issuing authority's name, all enclosed within a decorative chain-link border running the full perimeter.
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Reverse description The reverse is unprinted, showing plain cream paper with show-through impressions from the obverse visible through the thin stock. No design elements, text, or security features are present on this side.
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Comments

Kiel's municipal administration issued this note during the hyperinflationary spiral of 1923, when the Reichsbank could not supply currency fast enough to meet demand and hundreds of German cities, towns, and companies printed their own emergency Notgeld to keep commerce moving. By mid-1923, 100,000 Mark was barely enough for a loaf of bread — the denomination itself is a snapshot of how rapidly the floor was dropping out.

C. Handorff was a local Kiel printer, not a specialist banknote firm. Municipal Notgeld of this period was produced on whatever commercial press was available, which is why paper quality and print registration vary considerably across surviving examples.

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