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0,42 Mark Gold

Issuer Stadtgemeinde Landau (Pfalz)
Year 1923
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Value 0,42 Mark Gold (0.42)
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Obverse description Cream-coloured note with a green guilloche underprint covering the entire field, enclosed by a decorative border with ornamental corner pieces. The upper portion carries the issuer legend in Gothic blackletter script, followed by a promise-to-pay clause, with the denomination '0,42 Mark Gold' and its dollar equivalent '= 1/10 Dollar' set in large display type at centre. The date 'Landau, den 6. November 1923' appears below, accompanied by a circular official stamp at lower left and a manuscript signature under the title 'Der Bürgermeister'; a vertical side panel at left bears validity and district text, while the serial number and letter prefix are printed in red at upper right.
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Protection type Watermark
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Comments

Landau in der Pfalz was one of dozens of German municipalities that issued Goldmark-denominated Notgeld during the hyperinflation of 1923, when the collapsing Papiermark made fixed-value, gold-pegged scrip the only credible medium for small local transactions. The fractional 0,42 Mark Gold denomination is unusual — not an arbitrary figure, but almost certainly calculated to represent a specific commodity equivalence or wage unit meaningful at the local level, a practice common in Pfalz municipal issues of that period.

The watermark security feature distinguishes this from the cheaper emergency paper issues of 1921–22. Somebody paid for proper banknote stock.

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