Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
1 000 000 Mark Hausham, Bergwerksdirektion
| Issuer | Bergwerksdirektion Hausham |
|---|---|
| Year | 1923 |
| Type | Local banknote |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 1 MILLION MARK Gutschein über 1 MILLION MARK (1,000,000 Mark) Hausham, 14. August 1923 Bergwerksdirektion Hausham Die Einlösung erfolgt nur innerhalb 8 Tagen nach Aufruf. |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Hausham's coal mining directorate — the Bergwerksdirektion — issued notgeld during the hyperinflation of 1923 when the Reichsmark's collapse made orthodox wage payment nearly impossible. Mining operations needed to pay workers weekly, sometimes daily, and the central banking system simply could not supply physical currency fast enough. Industrial issuers like this one stepped in out of necessity, not authority.
The watermarked paper distinguishes this from the cheaper emergency issues printed on whatever stock was available. Someone made a deliberate procurement decision here.