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1 000 000 Mark Bochumer Verein für Bergbau und Gußstahlfabrikation
| Issuer | Bochumer Verein für Bergbau und Gußstahlfabrikation |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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|---|---|
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| Reverse description | Plain unprinted cream paper ground bearing a central block of text in Fraktur script advising the bearer of the note's monetary value and the holder's liability in case of loss, followed by a statement that the voucher loses its validity after the expiry of the period stated on the face. The issuer's name is repeated in larger Fraktur lettering at the foot of the text block. The reverse carries no vignette or decorative elements. |
| Reverse lettering | Dieser Gutschein ist geldwertig und deshalb sorgfältig wie bares Geld zu behandeln. Für allen Schaden, der aus dem Verlust dieses Scheines entsteht, ist sein Inhaber selbst verantwortlich. Nach Ablauf der umseitig genannten Frist verliert dieser Schein seine Gültigkeit und wird nicht mehr eingelöst. Bochumer Verein für Bergbau und Gußstahlfabrikation. |
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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.