Catalog
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| Issuer | Cities of Eschweiler and Stolberg |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | The obverse is printed in black and grey on pale paper, dominated by bold blackletter (Fraktur) typography reading "Gutschein über Einhundertmillionen Mark" across the upper and central fields. A grey underprint to the right carries a large numeral "100" within an ornate geometric rosette, with the series designation "Reihe A" and a red serial number above it. The lower central area carries a vignette of an industrial building or factory structure rendered in grey, flanked at lower left by the paired heraldic shields of Eschweiler and Stolberg; the issue date "20. Sept. 1923" and the authority line "Die Bürgermeister:" appear above two manuscript signatures, each accompanied by an official circular municipal seal. |
|---|---|
| Obverse lettering | Gutschein über Einhundertmillionen Mark Reihe A ESCHWEILER u. STOLBERG, DEN 20. SEPT. 1923 DIE BÜRGERMEISTER: Dieser Gutschein wird von den städtischen Kassen in Eschweiler u. Stolberg sowie von den Banken des Eschw. Stolb. Industrieg. in Zahlung genommen. Er verliert seine Gültigkeit vier Wochen nach Aufruf durch d. öffentl. Blätter |
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| Comments |
Eschweiler and Stolberg were neighboring industrial towns in the Rhineland, both heavily tied to coal mining and metalworks, and both issuing their own emergency currency — Notgeld — during the hyperinflationary collapse of 1923. A joint issue at 100,000,000 Mark places this firmly in the late phase of that crisis, when the Reichsbank's printing infrastructure had broken down so completely that municipal and commercial entities were legally authorized to produce their own currency to meet payroll and daily commerce demands.
By the time denominations reached nine figures, the notes were often worth less than the paper they were printed on within days of issue. The French and Belgian occupation of the Ruhr, ongoing since January 1923, had directly accelerated the collapse in exactly this region.