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100 000 Mark

Issuer Magistrat der Stadt Herne
Year 1923
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Shape Rectangular
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Obverse lettering Hunderttausend Mark
zahlen die städtischen Kassen der Stadt
Herne dem Einlieferer dieses Scheines
Herne am 25. August 1923 · Der Magistrat
Serie L
MARK 100000
Reverse description Reverse printed in the same brown ink over a fine guilloche ground, with "100 000" in large numerals at the top and vertical "MARK 100 000" panels flanking both sides. The central vignette is the circular municipal seal of the City of Herne, bearing a crenellated city-wall motif with battlements and a tree device, encircled by the legend "SIEGEL DER STADT HERNE" and the date 1897. A multi-line redemption clause in Kurrent script runs along the lower portion of the note.
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Comments

Herne's municipal administration — the Magistrat — was among hundreds of German local authorities forced to print their own emergency money in 1923 as hyperinflation outpaced the Reichsbank's ability to supply adequate currency. These Notgeld issues were a practical response to a genuine shortage of circulating notes: workers needed to be paid, and the face-value denominations available simply couldn't cover a loaf of bread.

By the time 100,000-Mark notes were being issued at the municipal level, the figure was already depreciating faster than the ink could dry. Within weeks, the same issuers would be overprinting or replacing them with denominations in the millions.

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