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| Issuer | Hamburgische Bank von 1923 Aktiengesellschaft |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | The obverse is printed on cream-toned paper with an orange guilloche underprint forming two vertical bands flanking the central text field. Numeral '2' appears in large bold type at both upper corners, with the issuer name 'Hamburgische Bank von 1923 Aktiengesellschaft' set in Gothic blackletter at the top, below a heading line 'Verrechnungs-Anweisung Lit. E Nr.' accompanied by a red serial number. The denomination 'ZWEI GOLDMARK' is rendered in large display type at centre, followed by explanatory text in German defining the gold parity at 1/4.20 of the US Dollar and the validity expiry date, with the issue date 'Hamburg, am 26. Oktober 1923' at lower left and two manuscript signatures at lower right. |
|---|---|
| Obverse lettering | Verrechnungs-Anweisung Lit. E Nr. Hamburgische Bank von 1923 Aktiengesellschaft. Diese Anweisung ist ausgegeben über ZWEI GOLDMARK gegen in den Besitz der Bank übergegangene Goldguthaben, die als Deckung bei der Bank verbleiben. Über den Nennwert kann im Verrechnungswege verfügt werden. Als Goldmark ist der 4,20ste Teil des Dollars der Vereinigten Staaten von Amerika zu verstehen. Diese Anweisung verliert am 30. November 1923 ihre Gültigkeit. Hamburg, am 26. Oktober 1923. Hamburgische Bank von 1923 Aktiengesellschaft. H. O. Persiehl, Hamburg. |
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| Comments |
The Hamburgische Bank von 1923 AG was one of several private Aktiengesellschaften formed during the hyperinflation crisis specifically to issue Goldmark-denominated emergency money — a deliberate dodge of the collapsing Reichsmark. Pegging notgeld to Goldmark values gave issuers and recipients a theoretical hedge against further depreciation, though the legal and practical standing of such instruments was always precarious.
H. O. Persiehl was a Hamburg commercial printer, not a specialist security firm, which shows in these notes.