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10 Pfennig - Gold

Issuer Landkreis Bielefeld (District of Bielefeld, Prussian province of Westphalia)
Year 1923
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Printer Thomas, Bielefeld
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Reverse description Blue letterpress on pale grey guilloche underprint, entirely text-based. The denomination numerals '10' appear at upper corners flanking the heading in Gothic blackletter. The body carries the full redemption and guarantee text in five paragraph blocks, dated Bielefeld, 28 November 1923, below which 'Der Kreisausschuß' is printed with eight facsimile signatures in manuscript.
Reverse lettering 10 Pfennig=Gold = 1/42 Dollar Pfennig=Gold 10
Einlösung erfolgt durch die
Kreissparkasse in Bielefeld bis
15. Januar 1924 in den vom Deutschen Reiche
herausgegebenen wertbeständigen Goldanleihe-
Schatzanweisungen oder zu einem gleichwertigen
Barbetrag
Ausgegeben mit Genehmigung
des Reichsministers der Finanzen.
Gedeckt durch Hinterlegung von wertbeständiger
Anleihe des Deutschen Reiches.
Bielefeld, den 28. November 1923
Der Kreisausschuß
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Comments

Landkreis Bielefeld issued this note during the hyperinflation of 1923, when local authorities across Germany were forced to print their own emergency currency — Notgeld — to keep commerce functioning as Reichsmark denominations became worthless faster than the Reichsdruckerei could supply them. The "Gold" designation is the key detail here: rather than denominating the note in inflated paper marks, Bielefeld anchored its value to a gold equivalent, a practical hedge against the daily devaluation that was destroying confidence in any fixed-face currency.

Thomas was a local Bielefeld printer, not a security press, which shows in surviving examples — registration and ink consistency vary across the run.

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