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| Issuer | Stadt Hamborn am Rhein (City of Hamborn on the Rhine) |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Stadt Hamborn am Rhein 1 000 000 Eine Million Mark Dieser Gutschein wird von allen städtischen Kassen in Hamborn in Zahlung genommen. Er verliert seine Gültigkeit einen Monat nach Aufkündigung in den Hamborner Ortszeitungen. Hamborn-Rhein, den 2. November 1922. Der Oberbürgermeister M No |
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| Reverse lettering | Eine Million Mark |
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| Comments |
Hamborn was an industrial city in the Ruhr — coal mines, steelworks, a working-class population paid weekly because monthly wages would lose value before they could be spent. When the Reichsbank failed to supply enough currency during the hyperinflation of 1922–23, municipalities across Germany issued their own emergency money, Notgeld, to meet payroll. Hamborn's million-mark note is a product of that payroll crisis, not a banking one.
The city was absorbed into Duisburg in 1929 and ceased to exist as an administrative entity, which means "Stadt Hamborn am Rhein" as an issuing authority had a remarkably short operational window.