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0.21 Goldmark Württembergische Industrie- und Handels-Goldnote
| Issuer | Württembergische Handelskammern / Württembergische Vereinsbank |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 0.21 Mark Gold |
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| Obverse description | Text-only design printed in brown ink on a pale guilloche underprint with a fine geometric border. The denomination "0,21 Goldmark = 1/20 Dollar" is set in large Fraktur blackletter at centre, above several paragraphs of letterpress legal text. Four manuscript signatures appear at foot, flanked by the names of the Handelskammer Stuttgart and the Württembergische Vereinsbank. |
|---|---|
| Obverse lettering | Würtemb. Industrie- und Handels- Goldnote 0.21 Goldmark=1/20 Dollar in Goldanleihe Diese Note ist voll gedeckt durch Goldanleihe, die von den an der Notenausgabe beteiligten, durch die Würtembergischen Handelskammern vertretenen Firmen bei der WürtembergischenVereinsbank hinterlegt wurde. Der Inhaber dieser Note ist berechtigt, sie an den Kassen der Württembergischen Vereinsbank gegen Goldanleihe gleichen Nennwerts einzutauschen, sobald genügend Stücke der Goldanleihe in kleinen Werten vorhanden sind. Der Umtausch der Note hat bis spätestens 31. Dezember 1923 zu erfolgen. Stuttgart, den 27. Oktober 1923 Für die württembergischen Handelskammern: Handelskammer Stuttgart Die Einlösung gewährleistet als Treuhänder: Württembergische Vereinsbank Genehmigt vom Reichsfinanzministerium (Translation: Württemberg Industry and Trade Gold Note 0.21 Goldmark = 1/20 Dollar in gold bond This note is fully backed by gold bonds, which were deposited by the companies involved in the issuance of notes, represented by the Württemberg Chambers of Commerce, at the Württemberg Vereinsbank. The holder of this note is entitled to exchange it at the counters of the Württemberg Vereinsbank for gold bonds of the same nominal value, as soon as sufficient units of the gold bond in small denominations are available. The exchange of the note must occur no later than December 31, 1923. Stuttgart, October 27, 1923 For the Württemberg Chambers of Commerce: Chamber of Commerce Stuttgart Redemption guaranteed as trustee: Württemberg Vereinsbank Approved by the Reich Ministry of Finance) |
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| Comments |
The Goldnote series issued jointly by the Württembergische Handelskammern and the Vereinsbank in late 1923 was a direct response to hyperinflation rendering Reichsmark notes worthless faster than they could be printed. By denominating in Goldmark — a notional stable unit pegged to pre-war gold parity — these emergency notes attempted to offer merchants and workers something with predictable purchasing power when official currency had none.
The 0.21 Goldmark denomination is an oddity even within the notgeld world. It corresponds to roughly 1/100 of a pre-war gold Pfennig calculation used in regional wage settlements, suggesting this note was designed specifically to facilitate small industrial payroll transactions rather than general retail use.