Catalog
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| Issuer | Kreisausschuss des Kreises Schleswig |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | No 2129 Zwei Millionen Mark dieser Schein wird eingelöst von der Kreiskommunalkasse in Schleswig. Er verliert seine Gültigkeit einen Monat nach Aufruf und Bekanntmachung im Kreisblatt Schleswig, den 14. August 1923. Der Kreisausschuß des Kreises Schleswig KÖNIG SWEN SETZTE DEN STEIN FÜR SKARTHI SEINEN GEFÄHRTEN, DER WESTWÄRTS GEFAHREN WAR, ABER NUN FIEL BEI HAITHABU. RUNENSTEIN BEI SCHLESWIG L. HANDORFF, KIEL H.P. 1923 |
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| Protection type | Embossed stamp |
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| Comments |
Kreis Schleswig was one of hundreds of German rural administrative districts that resorted to Notgeld during the hyperinflation of 1923, when Reichsbank currency was being outpaced by rising prices faster than it could be printed and distributed. The Kreisausschuss — the district committee — had the legal authority to authorize emergency municipal issues, and six- and seven-figure denominations had become routine by the time this note was authorized.
L. Handorff of Kiel handled a number of northern German Notgeld contracts during this period. The embossed stamp was the issuing authority's primary hedge against counterfeiting — modest, but practical for a short-lived instrument nobody expected to survive the stabilization.