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| 正面描述 | The note is an unissued 1918 100 Mark Württembergische Notenbank base note, printed in brown on cream paper, with an elaborate Jugendstil border composed of foliate and geometric ornamental panels framing a large central guilloche medallion bearing the denomination "100 MARK" at its centre. The issuer's name "WÜRTTEMBERGISCHE NOTENBANK" appears in bold Gothic lettering across the top, with denomination numerals "100" repeated in all four corners. A bold diagonal overprint in red letterpress reads "Fünfzig Milliarden Mark", revaluing the note to 50,000,000,000 Mark for emergency circulation during the hyperinflationary period of 1923. |
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| 正面铭文 | WÜRTTEMBERGISCHE NOTENBANK 100 MARK Fünfzig Milliarden Mark Wer Banknoten nachmacht oder verfälscht, oder nachgemachte oder verfälschte sich verschafft und in den Verkehr bringt, wird mit Zuchthaus nicht unter zwei Jahren bestraft. |
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The Württembergische Notenbank was one of four private German note-issuing banks — alongside the Bayerische Notenbank, the Sächsische Bank, and the Badische Bank — that retained limited issuing rights alongside the Reichsbank into the Weimar period. By the time this 50-billion-Mark denomination was authorized, inflation had progressed to the point where such figures represented ordinary transactional amounts, not exceptional emergency values.
Stähle & Friedel were a Stuttgart commercial printing firm pressed into currency work by necessity, not specialization. Franz Kaufmann's involvement as designer suggests a deliberate attempt at visual coherence even at the height of monetary collapse — the Notenbank maintained institutional appearances while the numbers became surreal.
The series was rendered void by the Rentenmark stabilization of late November 1923.