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| 正面描述 | The obverse is printed in green and pink on a fine guilloche underprint covering the entire field. The denomination "Hunderttausend Mark" is set in large Gothic blackletter script across the centre, surmounted by the issuer legend "Sächsische Banknote" in smaller Gothic type. A central shield bearing the Saxon arms appears behind the text block, flanked by the red serial number repeated on both sides. Below, the date "Dresden den 2. Juli 1923" and the issuer name "Sächsische Bank zu Dresden" appear above three manuscript signatures identified by the titles Staatsvertreter and Direktor (×2). The entire composition is framed by an elaborate ornamental border with rosette corner pieces. |
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| 背面描述 | The reverse is printed in green, brown, and blue, with the issuer name "SÄCHSISCHE BANK" in bold serif capitals within a rectangular panel at the top and "ZU DRESDEN" in a matching panel at the foot. The central vignette contains the denomination numeral "100.000" in large figures flanked by the word "MARK" above and below, all set within a lozenge-shaped guilloche cartouche on a light blue underprint. A counterfeiting warning in small German text is printed below the central cartouche. The entire design is enclosed within an ornate guilloche border decorated with floral and geometric motifs in the corners. The printer's imprint "GIESECKE & DEVRIENT" appears in the lower right margin. |
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The Sächsische Bank zu Dresden was one of four German private note-issuing banks still operating when hyperinflation collapsed the Reichsmark in 1923. Unlike the Reichsbank, these regional institutions had to navigate both the monetary catastrophe and their own charter limitations — the 100,000 Mark denomination was unthinkable just eighteen months earlier. Giesecke & Devrient, working out of Leipzig, printed enormous runs of these notes as denominations escalated weekly.
The Sächsische Bank's note-issuing privilege was extinguished by the Banking Act of 1924, which consolidated currency authority with the Reichsbank following stabilization.