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| 正面描述 | The obverse is printed on cream paper in a multicolour scheme of green and red-orange, with a dense guilloche underprint covering the central field and a scalloped ornamental border framing the entire design. A tall vertical panel on the left margin carries the denomination numeral '100 000' in large green letterpress. The main text, set in German Kurrent script, bears the issuer's name, the denomination 'Hunderttausend Mark', the validity clause, the date 'Essen, 10. Juli 1923', the series designation 'Reihe L' in the upper left, a serial number in the upper right, and two manuscript signatures below the legend 'Das Direktorium'. |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | The reverse is entirely unlettered and relies on an elaborate multicolour guilloche composition in green and red-orange tones, enclosed within a fine ruled rectangular border. A central vertical cartouche of interlaced lathe-work in deep red-orange is flanked by symmetrical guilloche fields in green, creating a rich engine-turned pattern across the full surface. The large numeral '100 000' is printed in dark brown across the lower centre of the guilloche ground, serving as the sole denomination indicator on this side. |
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Krupp's Essen works employed over 100,000 people at the height of the hyperinflation crisis, and like many major industrial employers in 1923 Germany, the firm issued its own notgeld simply to meet payroll. The Reichsbank could not print fast enough; private corporate scrip was not eccentricity but operational necessity. Krupp's denominations escalated in lockstep with the collapse — 100,000 Mark notes that would have seemed astronomical in January were functionally worthless by autumn.
The guilloche underprint is the only mechanical security feature, which tells you everything about the expected lifespan of these notes: days, not years.