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100 000 Mark

Issuer Stadt- und Landkreis Gelsenkirchen
Year 1923
Type Local banknote
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Obverse description Green and brown Notgeld note with a decorative border of guilloche ornaments and repeated denomination numerals along the lateral margins. A central vignette shows a group of industrial workers in a landscape setting, with a small engraved building vignette and two official round seals — one for the Stadt Gelsenkirchen and one for the Landkreis Gelsenkirchen — flanking the centre. The denomination 'Hunderttausend Mark' is set in large Gothic blackletter script across the middle field, with the issue date of 21 July 1923, series letter 'A', and a handwritten serial number in the upper corners, together with two manuscript signatures below the seals.
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Reverse lettering Jeder Schein muß ein Wasserzeichen gleich diesem Muster tragen Stadt- und Landkreis Gelsenkirchen Dieser Schein wird bei allen Kassen der ausgebenden Behörden eingelöst • Er wird ungültig mit Ablauf der durch amtlichen Aufruf zu bestimmenden Frist
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Comments

Gelsenkirchen's 100,000 Mark note belongs to the frantic summer of 1923, when municipal and regional authorities across Germany were forced to print their own emergency currency — Notgeld — because the Reichsbank simply could not supply denominations fast enough to keep pace with hyperinflation. By mid-1923, wages had to be paid daily, sometimes twice daily, and conventional banking infrastructure had completely broken down at the local level.

The Stadt- und Landkreis Gelsenkirchen, then a heavily industrialized coal and steel district in the Ruhr, was also contending with the French and Belgian occupation of the region that began in January 1923 — a political crisis that actively accelerated the currency collapse it was ostensibly responding to.

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