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| Issuer | Thyssen & Co. Aktiengesellschaft, Mülheim an der Ruhr |
|---|---|
| Year | 1922 |
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| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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| Obverse description | Brown ornamental border with intricate guilloche work frames the note. A central vignette depicts an industrial scene with a steam locomotive or factory with smoke. The Thyssen & Co. AG corporate logo appears in roundels at left and right, with the denomination and issuer text arranged in letterpress above and below the vignette. |
|---|---|
| Obverse lettering | Einzulösen bei der Hauptkasse der Thyssen & Co. Aktiengesellschaft in Mülheim-Ruhr. Ausgegeben zur Durchführung der Lohnabkommen im Rheinisch-Westfälischen Industriebezirk für die Monate September und Oktober 1922. Dieser Gutschein verliert am 31. Oktober 1922 seine Gültigkeit. Mülheim-Ruhr, d. 8. Sept. 1922 — 1922. Thyssen u. Co. Aktiengesellschaft (Translation: To be redeemed at the main cashier's office of Thyssen & Co. Aktiengesellschaft in Mülheim-Ruhr. Issued for the implementation of the wage agreements in the Rhenish-Westphalian industrial district for the months of September and October 1922. This voucher loses its validity on October 31, 1922. Mülheim-Ruhr, Sept. 8, 1922 — 1922. Thyssen u. Co. Aktiengesellschaft) |
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| Comments |
Thyssen & Co. issued this emergency currency — Notgeld — during the hyperinflationary spiral of 1922, when Reichsbank notes were losing value faster than they could be printed and large industrial firms across the Ruhr began paying wages in their own paper. For a steel and mining conglomerate with thousands of workers on weekly payroll, the practical calculus was straightforward: issue your own notes or watch your workforce dissolve.
The DeNG 9#995.2 reference places this within the documented Notgeld issues catalogued by Dießner — not always easy to pin down precisely, given how many Ruhr industrial issuers produced multiple closely related types in 1922.