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10 Goldpfennig Handelskammer

Issuer Handelskammer Leipzig (Leipzig Chamber of Commerce)
Year 1923
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Currency Mark (1914-1924)
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Obverse lettering Wertbeständiges Notgeld der Handelskammer Leipzig.
Dieser mit Genehmigung des Reichsfinanzministeriums ausgegebene und durch Hinterlegung von wertbeständiger Anleihe des Deutschen Reiches gedeckte Notgeldschein wird durch
Zehn
10 Goldpfennig 10
(4.20 Goldmark = 1 Dollar)
gemäß den umstehenden Bedingungen eingelöst.
Handelskammer Leipzig.
November 1923.
Vorsitzender.
Syndikus.
Spamer, Leipzig
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Reverse lettering Serie S. L. 22.
Dieser Schein wird binnen Monatsfrist nach Aufruf in wertbeständiger Goldanleihe des Deutschen Reiches zum Nennwert oder gegen Zahlung eines gleichwertigen Barbetragen durch die Handelskammer in Leipzig eingelöst.
Ablösungen werden nach den gesetzl. Bestimmungen betreff.
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Comments

Leipzig's Chamber of Commerce issued this note during the acute small-change crisis of 1923, when hyperinflation had driven even the lowest Reichsmark denominations out of practical use. The denomination in Goldpfennig — gold pfennigs — was a deliberate hedge: by anchoring the face value to a gold-equivalent rather than paper marks, the issuer was signaling that the note held stable purchasing power regardless of whatever the Reichsbank was printing that week.

Spamer was a Leipzig-based printing and publishing house with deep roots in commercial work, not a specialist banknote printer. That choice was almost certainly driven by logistics — specialist printers were overwhelmed in 1923 — rather than preference.

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