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100 Goldmarks
| Issuer | Stadt-Sparkasse Bielefeld |
|---|---|
| Year | 1923 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Stadt-Sparkasse Bielefeld ES ZAHLTE GEGEN DIESEN SCHECK AUS GUTHABEN AN UNS ODER ÜBERBRINGER 100 GOLDMARK HUNDERT GOLDMARK CONTO 12 BIELEFELD, 15. DEZEMBER 1923 STADTRAT: DRUCK: E.GUNDLACH A.-G., BIELEFELD — GESETZLICH GESCHÜTZT D.G.M. |
| Reverse description | The reverse presents plain, unprinted red velvet, uniform in colour and texture across the entire surface, with a serrated edge corresponding to that of the obverse. |
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| Comments |
Bielefeld's municipality issued a series of notgeld in unconventional materials during the hyperinflation of 1923, when paper itself had become nearly worthless as a medium. This velvet example is among the more striking surviving pieces from that experiment — not because velvet was considered elegant, but because fabric-based currency was a deliberate hedge: raw textile retained commodity value independent of the denomination printed on it.
Gundlach's local production kept costs low and turnaround fast, which mattered enormously in a period when denominations were being revised almost weekly.