100 000 Mark

Hannover's city treasury issued this 100,000 Mark note during the acute phase of German hyperinflation, when municipal authorities across the country were printing their own emergency currency — Notgeld — simply to keep commerce moving. By mid-1923, the Reichsbank could not supply denominations fast enough to match the collapsing purchasing power of the mark, so cities, towns, and even private firms filled the gap with locally authorized paper.

Gebrüder Jänecke was a well-established Hannover printing house with a long background in quality commercial and securities printing, which made them a natural choice for the city's own treasury. The embossed stamp served as the primary authentication device — a low-cost security measure appropriate to paper that would likely be worthless within weeks of issue.