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2.1 Goldmark / 1/2 Dollar Stadtsparkasse

Issuer Stadt-Sparkasse Bielefeld (Stadtsparkasse Bielefeld)
Year 1923
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Value 2.10 Goldmark / 1/2 Dollar
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Obverse description The obverse is printed in violet, blue, and yellow on a fine guilloche underprint with a repeating checkered border pattern. To the left, a large stylised German imperial eagle vignette is set within a wreath-like heraldic frame inscribed 'DER REICHS-U. PAPIER-MARK' and 'STRACH 31, VERS 23 U. 24', with patriotic text interwoven throughout the design. To the right, a bold Fraktur script legend 'Notstands-Anleihe' appears over a cloud-like multicolour vignette, below which the denomination '1/2 Dollar' is rendered in large Gothic lettering; the entire border is filled with repeated typeset legends reading 'WER TBEST AN DIG = 2,10 GOLD MARK'.
Obverse lettering WER TBEST AN DIG = 2,10 GOLD MARK
DER REICHS-U. PAPIER-MARK
SIRACH 31, VERS 23 U. 24
DEUTSCHE HILF DIR SELBST
½ Dollar
Notstands-Anleihe
GOLDMARK
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Comments

Bielefeld's Stadtsparkasse issued a run of silk, linen, and leather Notgeld during the hyperinflation of 1923 — the so-called "Stoffgeld" — that attracted international attention and collector demand almost immediately. This paper piece is the less-celebrated sibling of that series, but the dual denomination is worth noting: "Goldmark / Dollar" parallel valuations reflect the desperate attempt by municipal issuers to peg emergency scrip to stable foreign benchmarks as the Reichsmark became functionally worthless by late 1923.

Gundlach was a local Bielefeld press, which kept production entirely within the city — unusual coherence for a municipal issue of this period.

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