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10 000 000 Mark Steinkohlenbergwerk Gewerkschaft Neumühl
| Issuer | Steinkohlenbergwerk Gewerkschaft Neumühl, Hamborn |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Typeset Notgeld on cream paper with a green guilloche underprint forming an interlaced lattice pattern across the entire field. A bold letterpress border with spiral corner ornaments frames the note; the denomination "Zehn Millionen Mark" is set in large Gothic script at centre. Two manuscript signatures of the Verwaltung appear at foot, with the serial letter-number prefix at left margin. |
|---|---|
| Obverse lettering | Gutschein der Zeche Neumühl, Hamborn Die Kasse der Zeche Neumühl in Hamborn zahlt gegen Rückgabe dieses Scheines Zehn Millionen Mark in deutscher Reichswährung Der Schein verliert 14 Tage nach Aufkündigung durch die Zeitungen seine Gültigkeit Hamborn, den 14. August 1923 Steinkohlenb ergwerk Gewerkschaft Neumühl Die Verwaltung: |
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| Comments |
Neumühl was one of the major collieries in the Hamborn district of the Ruhr, and this notgeld was issued during the hyperinflation peak of 1923 — a period when German industrial enterprises, municipalities, and even private firms printed their own emergency currency because Reichsbank notes were depreciating faster than the presses could run. By mid-1923, ten million marks was barely enough to buy a loaf of bread.
Coal companies in the Ruhr occupied a peculiar position that year: the French and Belgian occupation of the region from January 1923 had paralyzed normal economic activity, and firms like Neumühl were simultaneously managing workforce payrolls, occupation-era restrictions, and a currency in freefall.