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1 Mark

Issuer Stadt Wildeshausen (Magistrat)
Year 1921
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Size 103 × 62 mm
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Obverse lettering WILDESHAUSEN i. OLDENBURG
1 m.
KAPITELHAUS
Dieser Schein verliert seine Gültigkeit, wenn er nicht einen Monat nach erfolgter öffentl. Aufforderung in der hiesigen Zeitung eingelöst wird. Wildeshausen i. O., 1. Dez. 1921. Magistrat Stadtrat
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Reverse lettering De Gilde deiht datt Oole bewahren
Just aß vär fiefhundert Jahren
Watt Grotvadder droog an Hot un Gewehr
Dat sett se upp, datt mutt her.
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Comments

Wildeshausen is a small market town in Lower Saxony, and its 1921 notgeld issue belongs to the vast wave of municipal emergency money that flooded Germany as the Reichsbank struggled to produce enough small-denomination coinage and currency in the postwar inflationary period. The Magistrat — the town's administrative council — acted as issuer rather than a bank, which was common for smaller municipalities without a local savings institution willing to take on the liability.

Local printing kept costs down and turnaround fast. Whether this note circulated heavily or was largely snapped up by the notgeld collectors who were already a recognized market force by 1921 is difficult to say with certainty for issues from towns this size.

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