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100 000 000 Mark Bergwerksgesellschaft Hibernia
| Issuer | Bergwerksgesellschaft Hibernia, Herne |
|---|---|
| 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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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 100 MILLIONEN MARK Serie B 100 Millionen Mark zahlt die Bergwerksgesellschaft Hibernia in Herne gegen diesen Gutschein Die Einlösung muß spätestens 14 Tage nach Aufruf in den amtlichen Kreisblättern bei den Kassen der Bergwerksgesellschaft Hibernia erfolgen. Herne, September 1923. Bergwerksgesellschaft Hibernia |
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| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Embossed seal |
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| Variants | Log in to see details |
| Comments |
Hibernia was one of the Ruhr's dominant coal mining conglomerates, and like most large industrial employers in 1923, it issued its own notgeld to pay workers when the Reichsbank could no longer supply enough physical currency to meet payroll. This note, denominated at 100 million Mark, dates from the hyperinflation peak — by late summer 1923, that figure would cover little more than a loaf of bread, if that.
The embossed seal was the company's primary anti-counterfeiting measure, cheap to apply and difficult to fake without the original die. Industrial notgeld of this type was typically redeemable only at company payroll windows or approved local merchants, which kept circulation tightly contained within Herne and surrounding colliery towns.