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100 000 Mark
| Issuer | Dresden, City of |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
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| Printer | Kunstanstalt Stengel & Co. G.m.b.H., Dresden, Germany |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein Gültig im Bezirk der Stadt Dresden Einhunderttausend Mark Zahlen die Kassen der Stadt gegen Rückgabe dieses Gutscheines Dresden, den 4. August 1923. Der Rat zu Dresden Oberbürgermeister Die Stadthauptkasse Hauptkassendirektor Reihe A |
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| Reverse lettering | 100000 Mark Jahresschau Deutscher Arbeit Dresden Wer Gutscheine nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Zuchthaus nicht unter 2 Jahren bestraft. Die Gültigkeit dieses Scheines erlischt mit Ablauf der Frist, die bei Einziehung der Gutscheine für deren Einlösung öffentlich bekannt gemacht wird. Druck: Kunstanstalt Stengel & Co., G.m.b.H. Dresden |
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| Comments |
Dresden's municipal administration, like dozens of German cities in 1923, was forced into issuing its own emergency currency — Notgeld — as the Reichsbank's hyperinflationary spiral made standard denominations functionally worthless almost as soon as they were printed. By the time 100,000-Mark notes were necessary, the purchasing power of that sum was collapsing week to week.
Stengel & Co. was primarily a fine-art postcard and lithography house, not a currency printer. The firm's commercial printing infrastructure was pressed into service out of necessity, a pattern repeated across Saxony throughout that summer.