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| Issuer | Thüringische Nadel- und Stahlwaaren-Fabrik Wolff, Knippenberg & Co. G.m.b.H., Ichtershausen |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 10 000 000 Marks (10 000 000) |
| Currency | Log in to see details |
| 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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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Thüringische Nadel- und Stahlwaaren-Fabrik Wolff, Knippenberg & Co., G.m.b.H., Ichtershausen i. Thür. GUTSCHEIN für Mark 10000000 (in Worten: Zehn Millionen Mark) Dieser Gutschein wird bei Vorlegung an unseren Kasse sowie bei der Schwarzburgischen Landesbank zu Sondershausen Filiale Arnstadt eingelöst. Er verliert seine Gültigkeit 4 Wochen nach Aufruf im Arnstädter Anzeiger. Thüringische Nadel- und Stahlwaaren-Fabrik Wolff, Knippenberg & Co., G.m.b.H. Ichtershausen i. Thür., 25. August 1923. Otto Böttner Arnstadt |
| Reverse description | The reverse is unprinted, presenting a plain cream-coloured paper surface with no text, vignette, or ornamental elements, consistent with the utilitarian emergency issue production methods of the 1923 German inflation period. |
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| Comments |
Ichtershausen's needle and steel goods factory — Wolff, Knippenberg & Co. — issued this note during the peak inflationary spiral of 1923, when German industrial firms routinely printed their own emergency currency to meet payroll. The practice was both legal under Weimar emergency provisions and a practical necessity: Reichsbank notes were depreciating faster than they could be transported to workers. A local printer, Otto Böttner in nearby Arnstadt, handled production — a common arrangement where firms contracted whoever was closest and available.
Ten million marks, once an unimaginable sum, was ordinary pocket change by mid-1923.