100 000 Mark

Rottweil's 100,000 Mark note belongs to the Inflationszeit notgeld wave of mid-1923, when municipal authorities across Germany were legally authorized — and practically compelled — to issue their own emergency currency as the Reichsbank struggled to print fast enough to keep pace with hyperinflation. By the time denominations like this were circulating, the purchasing power they represented was already dissolving within days of issue.

Rottweil, one of the oldest towns in Baden-Württemberg, printed locally — a detail worth noting because many comparable municipal issues from smaller towns were farmed out to commercial printers in Stuttgart or Leipzig.