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100 000 Mark Reichsbanknote

Issuer Reichsbank
Year 1923
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In circulation to 1923
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Obverse description Black letterpress text on a green guilloche underprint, with the large bold Gothic denomination '100000 MARK' occupying the centre of the note. The heading 'Reichsbanknote' is set in Gothic script at the top, above a full German-language payment obligation text and the issue date 'Berlin, den 25. Juli 1923'. Two circular Reichsbankdirektorium eagle seals flank a block of facsimile signatures at the lower portion, with an anti-counterfeiting notice running vertically along the left margin.
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Reverse description The reverse is unprinted, presenting a plain, unadorned paper surface entirely devoid of text, vignettes, or ornamental elements.
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Comments

February 1923. The Reichsbank was already printing denominations unthinkable two years earlier, and this 100,000 Mark note arrived as inflation was accelerating but had not yet reached its terminal velocity — that came in the autumn, when even this figure became effectively worthless within days of issue. The note belongs to a sequence of emergency high-denomination issues that the Reichsbank pushed through its own printing facilities in Berlin, unable to rely solely on outside contractors as demand overwhelmed capacity.

By November 1923, 100,000 Mark would not buy a postage stamp.

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