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100 000 Mark Handelsschutzverband der Pfalz
| Issuer | Handelsschutzverband der Pfalz |
|---|---|
| Year | 1923 |
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| Shape | Rectangular |
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| Obverse description | Blue letterpress note with an ornate border composed of scrollwork and wave guilloche patterns, with circular vignettes at each corner bearing a helmeted female head in profile. The denomination 'Hunderttausend Mark' is printed in large blackletter script across the centre, above a light blue floral underprint, with the header legend 'Schuldschein über 100000 Mk.' in roman type. The issuing places 'Speyer / Pirmasens' and the date '1. September 1923' appear in the lower left, with a red stamped serial number and prefix to the right, and the issuer's name 'Handelsschutzverband der Pfalz' in blackletter script at the lower right. |
|---|---|
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| Reverse description | Blue letterpress reverse with a plain ruled border enclosing light blue floral underprint vignettes of decorative urns in the left and right panels. A large central circular vignette carries the inscription 'HANDELSSCHUTZ- UND RABATT-SPAR-VEREIN' around its outer ring, enclosing a scene of a seated figure with a savings book inscribed 'Spar Marke' and an open book bearing the motto 'Spare in der Zeit, so hast Du in der Not'; a five-pointed star appears at the base of the circle. The denomination '100000 Mk.' is repeated in bold type at each of the four corners. |
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| Comments |
The Handelsschutzverband der Pfalz — a trade protection association in the Palatinate — was one of thousands of commercial and civic bodies that issued emergency currency during the hyperinflationary spiral of 1923, when the Reichsbank's output could not keep pace with the collapsing purchasing power of the mark. This 100,000-Mark denomination, enormous by any prewar measure, would have been effectively worthless within weeks of issue given that by mid-1923 inflation was doubling prices every few days.
Notgeld from trade associations tends to be less studied than municipal issues, and the Pfalz series carries an additional complication: the region was under French military occupation at the time, and separatist agitation briefly produced a short-lived Rhenish Republic in October 1923.