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12.50 Goldmark

Issuer Zuckerfabrik Fraustadt
Year 1923
Type Local banknote
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Obverse description Typeset note printed in dark brown on cream paper, with a central text panel enclosed within a leaf-and-vine ornamental border. The denomination '12,50 Goldmark' is set vertically in large bold type along the right margin. Two manuscript signatures and a serial number appear at foot, with the printer's imprint 'Flemming & Wiskott AG, Glogau, Berlin, Breslau.' in small type below the border.
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Reverse description Plain reverse printed on cream paper, showing a light ghost impression of the obverse text through the thin stock. A faint rectangular panel outline is visible, with the vertical denomination legend '12,50 Goldmark' readable in mirror image along the left margin. No additional design elements are present.
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Comments

Zuckerfabrik Fraustadt was a sugar factory, not a bank — its authority to issue emergency currency derived from the notgeld framework that allowed German industrial and commercial enterprises to print their own fractional obligations during the hyperinflation of 1923. The denomination of 12.50 Goldmark is itself a product of that crisis: as the Reichsmark collapsed, issuers began pegging notgeld to stable gold values rather than paper ones, making odd fractional amounts like this entirely rational within their accounting logic.

Flemming & Wiskott in Glogau were prolific printers of Silesian notgeld during this period, handling output for numerous local authorities and private firms simultaneously.

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