In the early 1920’s, the hyperinflation which gripped Germany led to a need to produce higher and higher denomination banknotes. Eventually notes were in the billions which make these 100,000 marks dated 1923 seem quite paltry. (P83)
They are dated February 1923 at the start of a year which saw a crazy acceleration of high denominations. They are quite large and have a portrait of the merchant Gisze in a frame on the front.
These usually turn up in circulated condition. Our examples are lovely and grade Crisp GEF/Unc