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10 000 000 Mark Gewerkschaft ver. Constantin der Große
| Issuer | Gewerkschaft ver. Constantin der Große |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Die Gewerkschaft ver. Constantin der Große in Bochum zahlt gegen diesen Gutschein Zehn Millionen Mark Die Einlösung muß spätestens 14 Tage nach Aufruf in den amtlichen Kreisblättern bei den Kassen der Gewerkschaft ver. Constantin der Große erfolgen. Gewerkschaft ver. Constantin der Große Bochum, August 1923 No 047409 |
| Reverse description | Olive-green reverse on the same underprinted paper stock, with the issuer's name 'Gewerkschaft ver. Constantin der Große in Bochum' in blackletter type at the top. The centre is dominated by a large ornamental denomination panel in which the numeral '10 000 000' is rendered within an elaborate scrollwork cartouche of linked rings and flourishes, with 'MARK' set in bold capitals immediately below. Corner medallions repeat the obverse pattern — numeral '10' vignettes upper left and right, crossed hammer-and-pick mining emblems lower left and right — all set against the continuous typographic underprint. A three-line redemption clause in smaller blackletter type appears beneath the central panel. |
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| Comments |
Gewerkschaft ver. Constantin der Große was a coal mining cooperative in the Ruhr district, and like hundreds of German industrial firms in late 1923, it was forced to issue its own emergency currency — Notgeld — as Reichsmark inflation made official denominations useless within days of printing. The ten-million-mark figure, staggering by any earlier measure, was already borderline inadequate by the time notes of this type reached workers' hands in August and September 1923, when hyperinflation was doubling prices roughly every few days.
Mining cooperatives issued Notgeld primarily to pay wages on-site, often redeemable only at company facilities.