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20 000 000 Mark Landkreis Bochum
| Issuer | Kreisausschuss des Landkreises Bochum |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | LANDKREIS BOCHUM Zwanzig Millionen MARK zahlen die Kreiskommunalkasse, die Amts-, Gemeinde- und Sparkassen des Landkreises Bochum dem Einlieferer dieses Scheines. Der Kreisausschuß des Landkreises Bochum. Bochum, den 10. September 1923. Landrat Mitgliedes |
| Reverse description | Brown letterpress reverse centred on a woodcut-style vignette of the Bochum Kreishaus, a substantial Gothic civic building rendered in bold relief print. The denomination '20 Millionen Mark' appears in large black type to the left and right of the vignette. A three-line legend in Gothic script along the lower margin records that the note was issued with the authorisation of the Reichsminister der Finanzen and remains valid until the expiry of the officially announced withdrawal period. |
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| Comments |
One of thousands of Notgeld issues printed during the hyperinflationary crisis of 1923, this note was authorized by the Kreisausschuss — the district committee — of Landkreis Bochum, one of the administrative bodies in the Ruhr industrial belt that were forced to produce their own emergency currency when the Reichsbank could not supply enough printed money to keep pace with collapsing purchasing power. By the time denominations this large were entering circulation, the rate of inflation was accelerating faster than new notes could be distributed.
The Ruhr occupation by French and Belgian forces earlier that year had throttled coal and steel output across the region, compounding the monetary collapse with an industrial one.