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1 000 000 Mark Bochumer Verein für Bergbau und Gußstahlfabrikation

Issuer Bochumer Verein für Bergbau und Gußstahlfabrikation
Year 1923
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In circulation to 1923
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Obverse description Salmon-orange tinted notgeld printed by letterpress, with the large numeral denomination '1000000' set in bold Gothic digits across the top margin in dark ink. The central vignette presents two industrial workers in an outdoor scene: a bearded smith in apron standing at left with a tool, and a miner with a pick at right, separated by an oak tree with industrial architecture in the background rendered in a woodcut-like style. Below the vignette, the face value is stated in large Fraktur script 'Eine Million Mark', flanked by the issuer name, place, and date 'Bochum, den 1. August 1923', with a serial number and two manuscript signatures at the foot.
Obverse lettering 1000000
Gutschein
über
Eine Million Mark
Bochum, den 1. August 1923.
Bochumer Verein für Bergbau und Gußstahlfabrikation.
No 183090
Dieser Gutschein wird 14 Tags nach öffentlichem Aufruf ungültig und kann bis zu diesem Tage bei unserer Hauptkasse in Bochum und den Zweigstellen der Großbanken in Bochum eingelöst werden.
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Comments

Bochumer Verein was one of the Ruhr's major integrated steel and mining conglomerates, and like dozens of other large industrial employers in 1923, it issued its own emergency currency — Notgeld — to pay workers when the Reichsbank simply could not supply enough physical notes to keep pace with hyperinflation. The million-mark denomination places this squarely in the middle phase of the collapse, before denominations climbed into the billions and trillions later that year.

Corporate Notgeld of this type was printed in-house or by local jobbing printers, redeemable only at the issuing firm's cashier window — functionally a wage token rather than circulating currency.

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