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10 Mark Einswarden; Frerichs & Co.

Issuer J. Frerichs & Co. Aktiengesellschaft
Year 1914
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Obverse description Plain rose-pink cardstock note with a simple letterpress-printed double-rule border. The text is arranged in a typeset hierarchy: the voucher title and serial number box at top, the payment clause in roman type at centre, the denomination in large bold type, and the issuer name below. A blank date line at foot left carries the place name Einswarden and the year 1914.
Obverse lettering Gutschein Nr.
Gegen Rückgabe dieses Gutscheins zahlt unsere Kasse ohne Legitimationsprüfung dem Einlieferer
M. 10.–. (Zehn Mark.)
J. Frerichs & Co.
Aktiengesellschaft
ppa.
Einswarden, den .................. 1914.
(Translation: Voucher No. / Upon return of this voucher, our cashier will pay the depositor M. 10.- (Ten Marks) without verification of identity. / J. Frerichs & Co. Corporation ppa. / Einswarden, the .................. 1914.)
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Comments

J. Frerichs & Co. Aktiengesellschaft was a shipbuilding and engineering firm based in Einswarden, on the Weser estuary. When war mobilization in August 1914 triggered an immediate hoarding of coin across Germany, hundreds of private companies, municipalities, and savings banks issued their own emergency small-change notes — Notgeld in its earliest, pre-inflation form. This is one of those first-wave pieces, born of a genuine liquidity crisis rather than the hyperinflationary spectacle that would follow a decade later.

Pink cardstock was a common expedient for this tier of industrial Notgeld — quick to print locally, difficult to counterfeit on short notice, and not intended to circulate beyond the factory gates or the immediate surrounding community.

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