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| 表面の説明 | Typeset Notgeld issue printed in dark purple-black on cream paper, with a guilloche-patterned border of repeating geometric and floral motifs framing the entire note. The heading 'Anleihe der Stadt Eschershausen' appears in large Gothic script at the top, followed by a two-line explanatory text in smaller Gothic type referencing ministerial approval dated 25 September 1923. A central framed panel bears the denomination '10 Milliarden Mk.' in bold letterpress, with a faint official stamp visible at centre, below which the redemption obligation text states repayment at the Stadtkasse; the note is dated 24 October 1923 and carries two manuscript signatures above the series designation 'Serie I' and handwritten serial number at lower right, with the printer's imprint 'C. Bruns, Eschershausen' at the foot. |
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| 表面の銘文 | Anleihe der Stadt Eschershausen Zur Förderung des Wohnungsbaues aufgenommen mit ministerieller Genehmigung auf Grund der Beschlüsse der städtischen Körperschaften vom 25.9.23. 10 Milliarden Mk. schuldet die Stadt Eschershausen dem Inhaber dieser Schuldverschreibung, deren Rückzahlung 1 Monat nach Aufruf, spät. jedoch am 1.4.24 bei der Stadtkasse erfolgt Der Rat der Stadt: Eschershausen am 24.10.23. Serie I Nr. C. BRUNS, ESCHERSHAUSEN. |
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Eschershausen is a small town in Lower Saxony, and by late 1923 even municipalities of its size were compelled to print their own emergency currency — Notgeld — because Reichsbank notes were arriving so far behind the inflation curve that local commerce had effectively broken down. The 10 billion Mark denomination places this firmly in the hyperinflation endgame: the Rentenmark stabilization came in November 1923, after which virtually all municipal issues were called in and destroyed, making survivors disproportionately scarce relative to their original print runs.
C. Bruns was a local Eschershausen printer, not a specialist currency house, which shows in the production quality typical of provincial Notgeld from this period. Printed and issued in the same town — an unusual circumstance in an era when most smaller municipalities contracted with larger regional printers.