Catalog
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| Issuer | Vereinigte Kaufmannschaft Herne |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 100 000 Mark (100 000) |
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| Composition | Log in to see details |
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| Obverse description | The face is set entirely in letterpress typography on white paper with a light crosshatch underprint, enclosed within a wavy-line border. The denomination '100 000' appears in large bold type at upper left and upper right, flanking a manuscript serial number field, with the voucher text and issuer details in italic letterpress below. Two manuscript ink signatures appear at lower centre beneath the issuer's name, place, and date. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is entirely plain, printed on unadorned white paper with no text, vignette, or decorative elements of any kind. |
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| Comments |
Vereinigte Kaufmannschaft Herne — the United Merchants' Association of Herne — was one of countless commercial bodies in the Ruhr forced to issue emergency currency during the hyperinflation of 1923. The occupation of the Ruhr by French and Belgian troops in January of that year had severed normal banking and supply chains, and local merchants faced a practical collapse of the money supply well before the Reichsmark itself imploded in autumn.
Notgeld at this denomination from a municipal merchants' association rather than a municipal government or savings bank is relatively uncommon. The issuing body had no formal banking authority — the notes circulated on commercial trust alone.