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| Issuer | Deutsch-Luxemburgische Bergwerks- und Hütten-Aktiengesellschaft |
|---|---|
| Year | 1923 |
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| Composition | Log in to see details |
| Size | 136.5 × 98.5 mm |
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| Obverse description | Printed in violet on cream paper, the obverse is divided into two registers: at left, a bold letterpress vignette of a standing miner in work attire, holding a pickaxe and a lamp, set against a hatched rocky underground background with the denomination '1 000 000' below. The right panel carries the voucher text in Gothic (Fraktur) blackletter script, with 'Eine Million Mark' in large display type over a fine guilloche underprint rosette, followed by the place and date of issue and the full issuing company name. A lower border panel contains the redemption conditions in smaller type, and a manuscript serial number with two handwritten signatures appears across the central field. |
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| Obverse lettering | Gutschein über Eine Million Mark Bochum und Dortmund, den 1. August 1923 Deutsch-Luxemburgische Bergwerks- und Hütten-Aktiengesellschaft Dieser Gutschein wird 14 Tage nach öffentl. Aufruf ungültig u. kann bis zu diesem Tage bei unseren Hauptkassen u. den Zweigstellen der Großbanken in Bochum u. Dortmund eingelöst werden. |
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| Comments |
Deutsch-Luxemburgische Bergwerks- und Hütten-AG was one of the great Ruhr industrial conglomerates — coal, iron, steel — and by 1923 it was printing its own money like dozens of other German firms forced into the notgeld business by hyperinflation that made Reichsbank supply functionally useless. This million-mark note was not a curiosity or a collectible at issue; it was a wage instrument, printed to pay workers whose salaries had to be calculated and disbursed almost daily as the mark collapsed.
The company had extensive operations straddling the German-Luxembourg border, which gave the "Deutsch-Luxemburgisch" name its literal meaning — this was not marketing but a description of where the mines and furnaces actually sat.