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100 000 Mark

Issuer Stadt Duisburg (City of Duisburg)
Year 1923
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Currency Mark (1914-1924)
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Obverse description Tan and olive-green note with a fine radiating guilloche underprint filling the central panel. The denomination numerals '100000' appear twice in bold type at the upper left and right, below which the value is spelled out in Gothic blackletter script as 'Einhunderttausend Mark'. A multi-line text block in Gothic script sets out the redemption conditions, naming the Städtische Sparkasse, Stadthauptkasse, and their branch offices in Duisburg as paying institutions, with the issue date 'Duisburg, den 30. Juli 1923' centred below. The lower portion carries a red series letter 'B' and serial number, with a manuscript signature under the printed title 'Der Oberbürgermeister'.
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Reverse description The reverse is printed in olive-green and tan tones, with the same radiating leaf-and-starburst guilloche underprint as the obverse. The denomination '100 000' appears at all four corners in upright numerals, with the corner values at the bottom inverted for orientation reference. The centre of the panel is occupied entirely by the issuer's name in large, bold Gothic blackletter script: 'Stadt Duisburg'.
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Comments

Duisburg's 100,000 Mark notgeld was issued during the hyperinflationary spiral of 1923, when municipal authorities across the Rhineland were forced to print emergency money simply to meet payroll. Duisburg was under French and Belgian military occupation at the time — part of the Ruhr occupation that began in January 1923 — which added a layer of administrative chaos to an already collapsing currency. Local authorities printing their own denominations was less a financial decision than a logistical one.

By the time notes at this face value entered circulation, 100,000 Mark bought roughly what a few pfennig had managed two years earlier.

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