Catalog
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| Issuer | Farbenfabriken vorm. Friedr. Bayer & Co., Leverkusen |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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|---|---|
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| Reverse description | Plain cream paper with a lightly printed red vignette of the Bayer winged lion on a globe at top centre. Below, the issuer's name and location are printed in spaced capital letters in a pale red tone, with no further ornamentation or guilloche work. |
| Reverse lettering | FARBENFABRIKEN VORM. FRIEDR. BAYER & CO. LEVERKUSEN B. KÖLN A. RHEIN |
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| Comments |
Bayer's chemical and pharmaceutical works at Leverkusen issued this note during the Weimar hyperinflation, when the Reichsbank simply could not print fast enough to meet payroll demand across German industry. Emergency currency — Notgeld — issued by private firms was not merely tolerated but functionally necessary by mid-1923, and Bayer was among hundreds of industrial employers who printed their own denominations to pay workers on a weekly or even daily basis.
At 100,000 Mark, this note dates to a period when that sum was losing purchasing power by the hour. Within weeks of similar issues, denominations had climbed into the billions.