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| 正面描述 | The obverse is printed in blue-grey and salmon tones with an intricate guilloche underprint filling the entire field. Two intaglio portrait vignettes in oval frames occupy the left and right sides: at left, a laureate female allegory in classical drapery, and at right, a helmeted female figure in profile. The central text panel carries the bank name in ornate Gothic script above the denomination legend 'EIN HUNDERT MARK' in bold letterpress, with the place and date 'Dresden, den 2. Januar 1911.' beneath, flanked by cartouches reading 'HUNDERT MARK' in the upper corners and 'MARK 100' / '100 MARK' in the lower corners. Three manuscript signatures of bank officials appear above the lower anti-counterfeiting legend block, with serial number and series designation printed in the lower margin. |
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| 背面铭文 | SÄCHSISCHE BANK ZU DRESDEN MARK 100 Eingetr. Fol. GIESECKE & DEVRIENT. |
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The Sächsische Bank zu Dresden was one of four German private note-issuing banks that retained the right to circulate their own banknotes after the Reichsbank's establishment in 1876 — the others being the Bayerische, Badische, and Württembergische Notenbanken. This right was explicitly preserved under the Banking Act of 1875 as a political concession to the federated states, not out of any monetary necessity. Dresden's bank kept issuing well into the Imperial period, competing in practice with Reichsbank notes of identical denomination.
Giesecke & Devrient, operating from Leipzig — barely forty kilometers away — handled the printing throughout the series run. The proximity was no accident; G&D had deep institutional ties with Saxon financial authorities dating back decades before German unification.