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10 1/2 Goldpfennig Handelskammer
| Issuer | Handelskammer für den Amtsbezirk Pforzheim (Chamber of Commerce for the District of Pforzheim) |
|---|---|
| Year | 1923 |
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| Value | 10 1/2 Pfennigs Gold (0.105) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse is printed in black on plain cream paper without decorative borders or vignettes, consisting entirely of typeset text in a formal Gothic-influenced typeface. The upper portion lists the local banking institutions authorised to redeem the voucher, while a closing paragraph states the redemption conditions in accordance with Imperial Government regulations. |
| Reverse lettering | Dieser Gutschein wird von den nachstehenden Banken in Pforzheim eingelöst: Bankhaus Robert Bloch, Darmstädter und Nationalbank, Komm.-Ges. auf Aktien, Filiale Pforzheim, Deutsche Hansabank A.-G., Filiale Pforzheim, Pforzheimer Bankverein A.-G., Pforzheimer Gewerbebank, e. G. m. b. H., Rheinische Creditbank, Filiale Pforzheim, Bankhaus Carl Schmitt & Co., A.-G., Süddeutsche Disconto-Gesellschaft A.-G., Filiale Pforzheim. Die Einlösung dieses Gutscheines erfolgt innerhalb eines Monats nach Aufruf, entsprechend den Bestimmungen der Reichsregierung. |
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| Comments |
The fractional denomination — 10½ Goldpfennig — is the detail that catches a specialist's attention. During the hyperinflation emergency of 1923, German chambers of commerce and local authorities issued Notgeld in wildly varied denominations to plug gaps in the money supply, but half-pfennig fractions in gold-indexed values are uncommon. The Goldpfennig designation signals this note was issued after the stabilization measures of late 1923 began taking hold, with issuers anchoring face values to gold rather than the collapsing paper Reichsmark.
The Handelskammer für den Amtsbezirk Pforzheim served a district built almost entirely on jewelry and watch manufacturing — a trade sector with particular sensitivity to metal valuations, which may explain the unusual precision of the denomination.