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100 000 Mark
| Issuer | Stadt Cassel (City of Kassel) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | The left half of the note bears a portrait vignette of a distinguished male figure rendered in fine letterpress engraving, set within a decorative geometric border with repeated interlaced guilloche ornaments; the denomination '100 000' appears in the upper and lower left corners. The right half presents the issuer name 'STÄDT CASSEL' at the top in spaced Roman capitals, with the value stated in blackletter Gothic script reading 'Gut für Hunderttausend Mark', below which the date 'CASSEL DEN 20. AUGUST 1923' and authority 'DER MAGISTRAT' are printed, accompanied by two manuscript signatures and a red serial number prefixed by 'No'. The entire design is framed by ornamental borders carrying repeated 'STADT CASSEL' and 'MK 100 000' legends along the outer margins. |
|---|---|
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| Reverse description | Log in to see details |
| Reverse lettering | STADT CASSEL 100 000 Mark Einlösung bei sämtlichen städtischen Kassen |
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| Comments |
Kassel's municipal administration, like hundreds of German cities in 1923, issued its own emergency currency — Notgeld — as the Reichsbank's hyperinflationary spiral made official notes functionally worthless before they could even be distributed. By the time denominations reached 100,000 Mark, the figure represented hours, not days, of purchasing power. The Gotthelft firm, a long-established Kassel printer, produced these locally rather than waiting on central supply chains that had completely broken down.
The 100,000 Mark threshold is significant: it marks the phase when municipal issuers were still printing six-figure notes before the crisis pushed into the billions within weeks.