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Product Details:
1923 Germany Treasury Bond – 8.15% – 100,000 Mark
🇩🇪 1923 German Reich Treasury Note – 100,000 Mark (Schatzanweisung)
Issuer: Deutsches Reich (Weimar Republic)
Denomination: 100,000 Papiermark
Year: 1923
Type: Government Treasury Note (Schatzanweisung)
Condition: Uncancelled
🏛️ Historical Context:
This 100,000 Mark Schatzanweisung was issued in 1923, during the early phase of Germany’s infamous hyperinflation crisis. While smaller compared to the billion-mark notes that followed later that same year, this bond still represents a period when currency devaluation was accelerating rapidly.
At the time, these treasury notes served as short-term state borrowing instruments, enabling the Weimar Republic to raise emergency funds. However, the value of 100,000 Papiermark was shrinking by the day, and notes like this became effectively worthless within months — or even weeks — of issuance.
📌 Note Features:
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Original face value: 100,000 Papiermark
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Standard format includes:
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Printed serial number
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Official Reich seal or printed stamp
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Gothic-style typeface (Fraktur)
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Signature(s) of Reich finance officials
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Printed on official fiscal bond paper
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