Catalog
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| Issuer | Gewerkschaft Orange, Gelsenkirchen |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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| Obverse description | Typeset Notgeld note printed on cream paper with a tan and pink guilloche underprint composed of vertical striped bands flanking a central lozenge pattern. The denomination '100 Milliarden' appears in bold letterpress at each corner, with the issuer legend 'GEWERKSCHAFT ORANGE / GELSENKIRCHEN / zahlt' across the upper centre, followed by the large face-value text 'Hundert Milliarden' in bold type. Below centre, the redemption clause and two manuscript facsimile signatures appear alongside the series letter 'Reihe C' in red and a red serial number, all enclosed within a dashed rectangular border. |
|---|---|
| Obverse lettering | GEWERKSCHAFT ORANGE GELSENKIRCHEN zahlt Hundert Milliarden Mark für diesen Gutschein. Der Einlösungstag wird öffentlich bekanntgegeben. GEWERKSCHAFT ORANGE Reihe C |
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| Comments |
Gewerkschaft Orange was a coal-mining syndicate operating in the Gelsenkirchen district of the Ruhr — one of dozens of industrial concerns that resorted to printing their own emergency currency during the hyperinflation of 1923 when the Reichsbank simply could not supply enough physical notes fast enough to meet wage demands. This 100,000,000,000 Mark denomination — one hundred billion — would have been worth almost nothing within days of printing, such was the pace of the collapse in the final months before the Rentenmark stabilization of November 1923.
Company-issued notgeld of this type was often printed on whatever paper stock was locally available, and Gelsenkirchen printers were working under extraordinary pressure that autumn.