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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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Reverse description The reverse is printed in green and brown on a buff ground, with the same decorative wave-and-initial border as the obverse. A central vignette shows the coat of arms of Württemberg — three stag antlers on a shield — flanked by two standing stags, all rendered in fine intaglio over a dotted guilloche underprint, with the large numeral "100000" overprinted in green across the central field. Below the vignette, the payment promise text reads in three columns around the word "MARK", with "Hunderttausend Mark" repeated in large Gothic script across the foot of the note.
Reverse 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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