Source: Reichsbanknote, 100 Marks (Einhundert Reichsmark), 1910
This is an example of a light and shade watermark. It consists of a head in full frontal view. The head is apparently of the first German Emporer, Wilhelm I.
Additional Book Information
Reichsbanknote, 100 Marks (Einhundert Reichsmark), #A8965453, issued on 21 April 1910. The original banknote measures 4" x 8-1/8" (102mm x 206mm).