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2 000 000 Mark Holzverkohlungs-Industrie A.G.
| Issuer | Holzverkohlungs-Industrie A.G. (HIAG), Konstanz |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| 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 | No. 5649 Ausgabe B Mk. 2 000 000.- Die Einlieferung bei den genannten Banken hat spätestens bis zum 15. Okt. 23 zu erfolgen. Gutschein über Zwei Millionen Mark ausgegeben wegen Mangels an gesetzl. Bargeld Die Rheinische Creditbank Konstanz, Dresdner Bank Konstanz, Gewerbe- u. Handelsbank Konstanz, Südd. Diskontobank Konstanz schreiben dem Einlieferer dieses Gutscheins den Gegenwert zu unseren Lasten gut. Konstanz, den 15. August 1923. HIAG Holzverkohlungs-Industrie A.G. Ohne Nummer, ohne die bezeichneten Unterschriften und ohne Durchlochung mit HIAG ist dieser Gutschein ungültig. |
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| Protection type | Log in to see details |
| Protection description | Cancellation perforation spelling 'HIAG' applied through the note upon redemption at one of the designated banks |
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| Comments |
HIAG — Holzverkohlungs-Industrie Aktiengesellschaft — was a wood distillation and chemical company based in Konstanz, not a bank or municipal authority. Like hundreds of German industrial firms during the hyperinflation peak of 1923, it issued its own emergency currency, Notgeld, to pay workers when the Reichsbank could not supply physical notes fast enough to keep pace with collapsing purchasing power. A 2,000,000 Mark denomination, absurd by any prior standard, was entirely routine by mid-1923.
The perforation security feature is modest but deliberate — a low-cost anti-counterfeiting measure common to privately printed Notgeld from this period.