Catalog
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| Issuer | Meguin A.G. Butzbach |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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| Obverse description | Notgeld coupon printed in dark red on cream paper, with a decorative floral and scrollwork border framing the entire face. The denomination numeral "2" appears in large bold type at upper centre within a guilloche panel, flanked on each side by the stylised monogram of Meguin A.G. in ornamental cartouches. The lower portion carries a multi-line letterpress redemption text in German, dated Butzbach, 15 August 1923, above the bold issuer legend "MEGUIN A.G. BUTZBACH HESSEN", with a serial number at the foot. |
|---|---|
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| Reverse description | Reverse printed in dark red on cream paper, enclosed within a floral leaf border identical in style to the obverse. A yellow-tinted underprint vignette of the Meguin factory complex occupies the central field. Overprinted in bold black letterpress across the centre are the issuer name "MEGUIN A.G. BUTZBACH / (HESSEN)", the word "NOTGELD", the qualifier "ÜBER", and the denomination legend "ZWEI MILLIONEN". |
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| Comments |
Meguin A.G. was a chemical and lubricants manufacturer based in Butzbach, Hesse, and like thousands of German firms in 1923, it issued its own emergency currency — Notgeld — to meet payroll when the Reichsbank simply could not supply enough physical banknotes to keep pace with hyperinflation. By the time denominations reached the millions of Marks, these notes had a useful lifespan measured in days before the face value became economically meaningless.
Corporate Notgeld of this period was rarely redeemed in practice — the issuing firms often collapsed or the notes were simply abandoned as currency reform overtook them. The Rentenmark stabilization in November 1923 rendered the entire class obsolete almost overnight.