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2 Mark Vorschußverein Nieheim eG
| Issuer | Vorschußverein Nieheim eG |
|---|---|
| Year | 1921 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | Nieheim i. Westfalen Gutschein 2 Mark Dieser Gutschein wird bis zum 1. März 1922 von der Kasse des Vorschußvereins Nieheim eingelöst. Nieheim, den 19. November 1921 Vorschuß-Verein zu Nieheim E.G. mit unbeschränkter Haftpflicht |
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| Reverse lettering | Stadt Nieheim, anno 1665. Leben magst du hundert Jahre: Einst, wie Dampf im Berggelände, gehst du hin; Wo kannst du bleiben? Gott ist aller Dinge Ende. Ward dir Kraft, von allen Kräften Hast du Rechenschaft zu geben. Wirke recht; du wirst gerichtet. Magst du hundert Jahre leben. Denn die Kreatur ist Gottes, Und sie kann ihm nicht entfliehen; Einmal, morgen oder später, Liegst du doch vor seinen Knieen. (aus F. W. Webers „Dreizehnlinden.") 2 Mark |
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| Comments |
Nieheim is a small market town in the Teutoburg Forest region of Westphalia, and like hundreds of similar communities during the 1921 inflation spiral, its local credit cooperative — the Vorschußverein — issued emergency Kleingeld to plug the coin shortage that had become critical by that point. These cooperative-issued notgelds occupy an awkward category: neither municipal nor corporate, they were backed by the issuing institution's own creditworthiness, which varied enormously from town to town.
Nieheim's cooperative survived the inflation period, though the notes themselves almost certainly ceased to function as currency well before the Rentenmark stabilization of late 1923.