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100 000 Mark Bergwerksgesellschaft Hibernia
| Issuer | Bergwerksgesellschaft Hibernia, Herne |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 100 000 Mark (100 000) |
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| Obverse description | Typographically printed Notgeld on olive-green guilloche underprint, with the denomination EINHUNDERTTAUSEND set in large bold display type across the centre field. Vertical side panels carry the numeral value 100 000 MARK in upright letterpress. The upper legend names the issuing company and place of payment, a circular issuer's stamp appears at lower left, and a manuscript signature together with a six-digit serial number are printed at lower right beneath the date HERNE, JULI 1923. |
|---|---|
| Obverse lettering | DIE BERGWERKSGESELLSCHAFT HIBERNIA IN HERNE ZAHLT GEGEN DIESEN GUTSCHEIN EINHUNDERTTAUSEND MARK DIE EINLÖSUNG MUSS SPÄTESTENS 14 TAGE NACH AUFRUF IN DEN AMTLICHEN KREISBLÄTTERN BEI DEN KASSEN DER BERGWERKSGESELLSCHAFT HIBERNIA ERFOLGEN. HERNE, JULI 1923. BERGWERKSGESELLSCHAFT HIBERNIA Nr. |
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| Comments |
Hibernia was one of the largest coal mining operations in the Ruhr, and like dozens of major industrial firms during the hyperinflation of 1923, it issued its own emergency currency — Notgeld — to pay workers when the Reichsbank could not supply banknotes fast enough to keep pace with price collapse. This note was a payroll instrument, not a banking product.
The 100,000 Mark denomination places it in the middle phase of the inflation spiral, before denominations climbed into the billions and trillions by autumn 1923. Industrial Notgeld of this type was theoretically redeemable at the issuing company's cashier office, though in practice redemption windows were narrow and the purchasing power evaporated within days of issue.