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0.42 Goldmark / 1/10 Dollar
| Issuer | Stadt Herford (Magistrat) |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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| Obverse description | Black letterpress print on dark yellow paper, with vignettes of the Old Town Hall (Altes Rathaus, 1878) and the New Town Hall (Neues Rathaus, 1917) positioned on either side of the note. The central field carries the full authorization and redemption text in dense typeset composition, issued by the Kammereikasse der Stadt Herford under the authority of the Reichsminister der Finanzen. The magistrate's designation appears at the foot alongside poetic captions for each town hall vignette. |
|---|---|
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| Reverse lettering | WIR WOLLEN SEIN EIN EINIG VOLK VON BRÜDERN IN KEINER NOT UNS TRENNEN NOCH GEFAHR |
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| Comments |
Herford's fractional notgeld from 1923 occupies a strange corner of German monetary history — the brief window when municipalities were issuing denominations pegged simultaneously to the Goldmark and the US dollar, a tacit admission that the Reichsmark had become functionally useless as a unit of account. The dual denomination on this note reflects the stabilization-era transition rather than any fixed exchange mechanism; the 0.42 Goldmark / 1/10 Dollar equivalence was a rough approximation intended to anchor value to something real while the Rentenmark was still weeks away from introduction.
The presence of a watermark on a local municipal issue is worth noting — most Herford notgeld relied on overprinting and serial numbering alone for security, making the watermarked paper an unusual choice for a town of this scale.