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100 000 Mark

Issuer Stadt- und Landkreis Aachen
Year 1923
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Printer Aachener Verlags- u. Druckerei G.m.b.H., Aachen, Germany
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Obverse lettering Stadt- und Landkreis Aachen
Gutschein über
Hunderttausend Mark
Dieser Gutschein wird von allen öffentlichen Kassen des Stadt- und Landkreises Aachen in Zahlung genommen. Er verliert seine Gültigkeit vier Wochen nach Aufruf durch die öffentlichen Blätter des Stadt- und Landkreises Aachen
Aachen, den 1. Juli 1923
Der Oberbürgermeister
Der Vorsitzende des Kreisausschusses
Reverse description The reverse is printed in purple on a cream ground with a peach-toned guilloche underprint covering the entire field. A bold rectangular guilloche frame, with elaborately patterned pillar elements at each corner and ornamental cartouches at the midpoints of all four sides, encloses the large numeral '100000' in bold serif type at centre, with the word 'MARK' in spaced capitals immediately below.
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Comments

Aachen's municipal authority issued its own emergency currency — Notgeld — during the hyperinflation of 1923, a period when the Reichsmark was losing value so rapidly that denominations scaled from thousands to hundreds of billions within months. A 100,000 Mark note, unremarkable by August 1923 standards, would have been worth roughly the price of a loaf of bread at issue and effectively worthless within weeks.

Printed locally by Aachener Verlags- und Druckerei, the note reflects the logistical reality of hyperinflation: centralized Reichsbank supply couldn't keep pace, so municipalities printed their own stopgap currency. Aachen's proximity to the Belgian and Dutch borders added pressure — foreign currency was actively preferred in the region during the French-Belgian occupation of the Ruhr.

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