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1.50 Mark

Issuer Kreis-Sparkasse Hofgeismar
Year 1922
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Currency Mark (1914-1924)
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Obverse lettering Kreis Hofgeismar
Die Kreis-Sparkasse zahle gegen diesen Scheck aus meinen Guthaben an den Inhaber
1,50 Mk
Konto E No 40667
GEBR. GOTTHELFT, CASSEL
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Protection type Watermark
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Comments

Hofgeismar is a small Hessian town north of Kassel, and its Kreis-Sparkasse — a district savings bank, not a central or commercial bank — was among hundreds of German municipal and local institutions forced into emergency currency issuance during the hyperinflationary spiral of the early 1920s. The 1.50 Mark denomination is distinctly odd, a product of the practical chaos of Notgeld production rather than any monetary policy logic.

Gebrüder Gotthelft was a well-established Kassel printing house responsible for a substantial volume of regional Notgeld across Hesse-Nassau. The presence of a watermark on a local emergency note of this type is worth noting — many comparable issues from smaller issuers skipped security features entirely.

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