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100 000 Mark Volkshaus

Issuer Volkshaus G.m.b.H., Borna (Bez. Leipzig)
Year 1923
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Value 100 000 Marks (100 000)
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Obverse description Printed on orange-brown paper, the obverse is enclosed within a rectangular border of small circles and an inner ruled frame. The issuer's title 'Notgeld des Volkshauses G.m.b.H.' and place of issue 'Borna (Bez. Leipzig)' appear in script lettering at the top, followed by a validity notice in bold letterpress. The denomination 'M. 100 000' is set in large Gothic script at centre, with the alphanumeric serial prefix at lower left, date 'im August 1923' below, and the issuer's name and location at lower right; an oval violet validation stamp of 'Volkshaus Borna' is applied at bottom left.
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Protection description Oval violet rubber stamp reading 'Volkshaus Borna' applied to the lower left of the obverse; note was additionally required to bear a handwritten signature to be valid, as stated in the text 'Ohne Stempel und Unterschrift keine Gültigkeit'.
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Borna's Volkshaus — a municipally affiliated entertainment and assembly hall common to German working-class communities — issued this 100,000 Mark note at the height of the 1923 hyperinflation, when even local institutions with no banking function were authorized to print emergency Notgeld to meet payroll and daily transaction demands. Robert Noske, a Borna-based printer, handled production locally, which was typical of smaller Saxon towns that couldn't wait on overloaded Reichsbank supply chains.

The validation stamp substitutes for the security infrastructure a proper issuing bank would have applied. Without it, the note was worthless even before the inflation made it worthless anyway.

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