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1 Mark Sparkasse
| Issuer | Sparkasse Arnsberg (Magistrat der Stadt Arnsberg) |
|---|---|
| Year | 1921 |
| Type | Local banknote |
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| Obverse description | Blue and orange bicolour Notgeld note with a central arch-framed vignette of the statue of Burgjungfer Gertrud rendered in orange against a white reserve, flanked on either side by ornate scrollwork underprint in blue. The issuer name 'Sparkasse' appears in Gothic blackletter at upper left and 'Arnsberg' at upper right, each set within blue banner cartouches; the denomination 'EINE MARK' is printed in large orange letterpress across the centre. Payment text in Gothic script occupies the lower lateral panels, dated 15 December 1921, with the caption 'Standbild der Burgjungfer Gertrud' below the vignette and a manuscript signature of the Magistrat at lower right. |
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| Obverse lettering | 1 M 1 M 1 M 1 M Sparkasse Arnsberg EINE MARK Zahle gegen diese Platzanweisung aus unserm Guthaben an Überbringer bis 15. Juli 1922. Arnsberg, den 15. Dezember 1921 Magistrat Standbild der Burgjungfer Gertrud. |
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| Comments |
Arnsberg's municipal savings bank issued this 1 Mark note during the acute small-change shortage that gripped Germany in 1921, as rampant inflation drove coins out of circulation almost entirely — hoarded, melted, or simply rendered uneconomical to produce. Hundreds of German municipalities resorted to the same expedient simultaneously, turning local administrative bodies into de facto currency issuers almost overnight.
The Magistrat authorization behind this piece reflects a common Westphalian pattern: the savings bank provided the institutional name, but the civic authority supplied the legal standing. Whether the two bodies always coordinated smoothly on redemption obligations was another matter.