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1.05 Goldmark / 1/4 Dollar Stadtsparkasse
| Issuer | Stadtsparkasse Bielefeld (City Savings Bank of Bielefeld) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 1.05 Goldmark / 1/4 Dollar |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 1918 Vergessen der Stolz und der Deutsche Mut, Vergessen der Ruhm und die Ehre. 1923 Vergessen die Heilige Rote Blut, der Todesmutigen Heere. Stadt Sparkasse Bielefeld. Zahle gegen diesen Notgeldschein an den Inhaber 1/4 Dollar = 1.05 Goldmark Bielefeld den 8.11.23 Gedeckt durch Wertbeständige Anleihe des Deutsche Reich +++ Herausgegeben mit Genehmigung des Reichministers der Finanzen. (Translation: 1918 Forgotten pride and German courage, forgotten fame and honour. 1923 Forgotten the Holy Red Blood, the death-defying armies. City Savings Bank of Bielefeld. Pay against this emergency money note to the holder. 1/4 Dollar = 1.05 Goldmark Bielefeld, 8.11.23 Covered by Stable Bond of the German Reich +++ Issued with the permission of the Reich Minister of Finance.) |
| Reverse description | Log in to see details |
| Reverse lettering | Wertbeständig Stadt Sparkasse Bielefeld 1/4 Dollar = 1.05 Goldmark Deutscher hilf dir Selbst dann hilft dir Gott. Arbeite und spare Kurs:15.11.23 New-York 1 Billion Mark = 23 cents, Amsterdam 1 Milliarde M = 0,00065 HFL. Frankreich`s schmach : Mitten im frieden über fiel Frankreich das Ruhrgebeit! Am 4.12.23 Befanden sich noch 2800 Ruhrdeutsche in Französ. Gefangenschaft! (Translation: Stable in value City Savings Bank of Bielefeld 1/4 Dollar = 1.05 Goldmark German, help yourself: Then God will help you. Work and save Rate: 15.11.23 New York 1 trillion marks = 23 cents, Amsterdam 1 billion M = 0.00065 HFL. France's disgrace: In the midst of peace France fell upon the Ruhr area! On 4.12.23 there were still 2800 Ruhr Germans in French captivity!) |
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| Comments |
Bielefeld's textile industry made it one of the few German cities with ready access to linen stock during the hyperinflation of 1923, when paper supplies were themselves becoming unreliable. The Stadtsparkasse exploited this directly, issuing emergency currency — Notgeld — printed on woven canvas rather than paper. The dual denomination, anchored to both the Goldmark and the US Dollar, was a deliberate hedge against the daily collapse of the Papiermark's purchasing power.
E. Gundlach A.G. was a local printing house well-positioned to handle the unusual substrate. Bielefeld's fabric-based Notgeld became internationally collected almost immediately upon issue.