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500 000 000 000 Mark overprint on 100 000 000 Mark
| Issuer | Bayerische Notenbank |
|---|---|
| Year | 1923 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | The obverse of the original 100 Millionen Mark note presents the denomination 'Hundert Millionen Mark' in bold Gothic blackletter script across the upper field, above a central text panel bearing the issuing bank's name, place, and date of issue (München, 1. August 1923), all set against a fine guilloche underprint. The lower portion repeats the denomination '100 Millionen 100' in large figures flanking the central text, with a decorative border of interlocking geometric ornaments framing the entire design. A red diagonal overprint reading 'Fünfhundert Milliarden' (Five hundred billion) is applied across the face, revaluing the note during the hyperinflation period. |
|---|---|
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| Reverse lettering | 100 Millionen Mark 100 Nachahmung oder Veränderung wird nach Maßgabe des achten Abschnittes des Strafgesetzbuches für das Deutsche Reich bestraft Vom 1 Des 1924 ab kahn diese banknote aufgerufen und unter umtausch gegen andere Bayerische Bank- noten oder gegen Reichsbanknoten eingezogen werden 100 Millionen Mark 100 Fünfhundert Milliarden Mark (Translation: 100 million Marks Imitation or alteration will be punished in accordance with Section 8 of the Penal Code of the German Reich. From 1 December 1924, this banknote will be recalled and exchanged for other Bavarian banknotes or Reichsbanknotes. 100 million Marks Five hundred billion Marks) |
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| Comments |
Bayerische Notenbank occupied an unusual position in Weimar-era Germany — unlike the Reichsbank, it was a regional issuing institution with authority specific to Bavaria, one of several state banks permitted to issue emergency currency during the hyperinflation spiral of 1923. This note belongs to the final, dizzying phase of that crisis, when denominations became obsolete faster than new plates could be engraved. Rather than printing fresh 500 Billion Mark notes from scratch, existing 100 Billion Mark stock was overprinted — a stopgap that itself became outdated within weeks.
The Rentenmark stabilization of November 1923 rendered the entire series worthless almost immediately after issue.