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100 000 Mark Württembergische Notenbank

Issuer Württembergische Notenbank
Year 1923
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Value 100 000 Mark (100 000)
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Obverse description The obverse is printed in dark blue and green on a buff ground, with a decorative border of repeating stylised wave and initial motifs in green and dark blue framing the entire note. The issuer's name "Württembergische Notenbank" appears at the top in Gothic script, above the large blackletter denomination legend "Hunderttausend Mark" which dominates the centre field over a fine guilloche underprint. The lower portion carries the place of issue Stuttgart, the date 15 Juni 1923, two manuscript signatures, a penalty clause for forgery, and an oval green serial number underprint flanking the denomination text.
Obverse lettering WÜRTTEMBERGISCHE NOTENBANK HUNDERTTAUSEND MARK
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Comments

The Württembergische Notenbank was one of four private German note-issuing banks — alongside the Bayerische Notenbank, Sächsische Bank, and Badische Bank — permitted to continue issuing circulating notes under the Reichsbank Law of 1875. By the time this 100,000 Mark note was printed in 1923, that privilege had become a burden: the inflation was accelerating so rapidly that denominations became obsolete within weeks of issue, and print runs in the millions still couldn't keep pace with demand.

The 12.175 million printed places this squarely in the mid-1923 surge, before the truly astronomical figures of the autumn Papiermark collapse.

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