100 Litu

The 1922 Lithuanian 100 Litų (Pick 20) belongs to the founding currency series of the restored Lithuanian state — but the litas itself didn't actually launch until 1922, replacing the interim ostmark and ost-rubel left over from German wartime occupation. The early Lietuvos Bankas notes were printed abroad, with this series produced by W. Hagelberg in Berlin, a firm that handled a number of young European state commissions in the early interwar period.

Lithuania's rapid currency stabilization in the early 1920s was remarkably successful — the litas was pegged to the dollar at a fixed rate and held it. High-denomination notes from this first series consequently saw relatively limited street circulation and were retired well before the Soviet occupation made the question moot.