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100 000 Mark

Issuer Der Rat der Stadt Plauen (City Council of Plauen, Saxony)
Year 1923
Type Local banknote
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Obverse lettering Gutschein
Gültig nur im Bezirke der Stadt Plauen i. V. während der im amtlichen Bekanntmachungs-Blatte des Stadtrates bekannt gegebenen Laufzeit.
Einhunderttausend Mark
zahlen die städtischen Kassen zu Plauen i. V. gegen Rückgabe dieses Gutscheins innerhalb der bekannt gegebenen Laufzeit.
Plauen, den 1. August 1923.
Der Rat der Stadt Plauen
Oberbürgermeister.
Stadtkämmerer.
Einhunderttausend Mark
Reverse description Olive-green reverse enclosed by a simple rectangular guilloche frame with repeated numeral underprints of '100000' at each corner. A bold red overprint of '100000 Mark' in Gothic script dominates the centre field, below which the serial number appears, while a light central vignette in olive tones is visible beneath the underprint. An anti-counterfeiting warning in red italic text runs across the upper portion, with a validity clause in smaller Gothic text along the foot.
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Comments

Plauen's local emergency currency — Notgeld — was a product of the hyperinflationary spiral of 1923, when the Reichsmark's collapse made central government notes nearly worthless before they could be spent. Municipal and commercial authorities across Germany issued their own scrip to keep local economies functioning, each denomination racing to stay ahead of price increases that were doubling weekly by mid-year. A 100,000 Mark note, staggering in 1922, was small change by August 1923.

Plauen, a textile manufacturing center in the Vogtland, had its own printing infrastructure, which is why local production was practical rather than a compromise.

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