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100 000 000 Mark
| Issuer | Stadt Buer in Westfalen (Magistrat) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 100 000 000 Mark (100 000 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| Obverse description | A full-field blue guilloche underprint frames a central letterpress vignette of the Buer civic arms flanked by an allegorical miner to the left and an industrial worker to the right, both rendered in light blue. Large bold rust-brown numerals reading "100 Millionen 100" are overprinted across the centre with "Mark" below, while the heading "Gutschein der Stadt Buer in Westfalen" runs along the upper margin. The lower portion carries the redemption clause, issue date "Buer i. W., den 18. Sept. 1923", the authority line "Der Magistrat:", and two manuscript signatures. |
|---|---|
| Obverse lettering | Gutschein der Stadt Buer in Westfalen. 100 Millionen 100 Mark zahlt die Stadtkasse Buer dem Einlieferer dieses Notgeldscheines. Der Schein verliert seine Gültigkeit 10 Tage nach Aufruf in den Buerschen Tageszeitungen. Buer i. W., den 18. Sept. 1923. Der Magistrat: |
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| Comments |
Buer was an independent industrial city in the Ruhr coalfield — it wouldn't merge into Gelsenkirchen until 1928 — and like hundreds of German municipalities it was forced into issuing its own emergency currency during the hyperinflation of 1923. The Magistrat had no real choice: Reichsbank notes were losing value faster than they could be physically transported and distributed, leaving local authorities to fill the gap with Notgeld denominated in figures that would have been unthinkable two years earlier.
One hundred million Mark. By August 1923, that sum bought roughly a loaf of bread.