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| Issuer | Arbeitgeber-Vereinigung für Düsseldorf und Umgebung e.V. |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 2 000 000 Mark (2 000 000) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ARBEITGEBER-VEREINIGUNG-DÜSSELDORF Die Arbeitgeber-Vereinigung f. Düsseldorf und Umgebung e.V. in Düsseldorf haftet für die Auszählung von Zwei Millionen Mark gegen Aushändigung dieses Scheines. Die Gültigkeit erlischt am 15. September 1923. Düsseldorf, den 13. August 1923. der Geschäftsführ. SERIE: Fd |
| Reverse description | The reverse is printed in the same dark green on pale paper with an identical guilloche underprint of billowing foliate forms. The upper and lower borders repeat the legend ARBEITGEBER-VEREINIGUNG-DÜSSELDORF within a ruled frame. A large numeral 2000000 in bold open figures occupies the upper portion of the field, below which the denomination Zwei Millionen Mark appears again in blackletter script. A three-line declaration in Fraktur at the foot states that the note is accepted at face value by all public offices and banks within the Stadtkreis Düsseldorf. |
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| Comments |
Issued by the Employers' Association for Düsseldorf and its surrounding region during the hyperinflation of 1923, this is Notgeld in its most functional form — emergency wages rather than commemorative novelty. By mid-1923, municipal and private issuers across the Rhineland were printing their own denominations simply to pay workers on a weekly or even daily basis, since Reichsbank notes were depreciating faster than they could be distributed. An employers' association issuing its own scrip was not unusual; the legal framework for such emergency currency had effectively collapsed under the weight of circumstance.
The Düsseldorf area was under French and Belgian occupation at the time, adding a layer of administrative complexity to an already chaotic monetary situation.