Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
10 000 000 Mark Gewerkschaft Emscher-Lippe
| Issuer | Gewerkschaft Emscher-Lippe, Datteln |
|---|---|
| Year | 1923 |
| Type | Local banknote |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gewerkschaft Emscher-Lippe Datteln Schacht 1-5 Zehn Millionen Mark Nr. zählt die Gewerkschaft Emscher Lippe in Datteln sowie die Kreisbank Recklinghausen, die Kreisbank in Datteln, der Spar- und Darlehnskassenverein in Datteln gegen diesen Gutschein bis eine Woche nach erfolgtem Aufruf in den Recklinghäuser Tageszeitungen. Datteln, den 10. August 1923 Gewerkschaft Emscher-Lippe |
| Reverse description | Log in to see details |
| Reverse lettering | 10000000 Zehn Millionen Mark 10000000 |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Gewerkschaft Emscher-Lippe was a coal-mining syndicate operating in the Datteln area of the Ruhr, and like hundreds of industrial firms during the hyperinflation of 1923, it issued its own emergency currency — Notgeld — to pay workers when the Reichsbank simply could not supply enough physical banknotes to meet payroll. The pace of inflation was such that denominations escalated from thousands to millions to billions within months; a 10,000,000 Mark note, extraordinary by any earlier standard, was routine tender by mid-1923.
Mining company Notgeld from this period was often printed locally and quickly, with little attention to security features. Survival rates vary considerably by issuer.