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| Issuer | Handelskammer M. Gladbach (Chamber of Commerce Mönchengladbach) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein über Zwanzigtausend Mark Herausgegeben von der Handelskammer M.Gladbach unter Garantieleistung der Städte des Handelskammerbezirks M. Gladbach. Die Einlösungsfrist sowie die Einlösungsstellen werden durch die Handelskammer M. Gladbach durch Ankündigung in den amtlichen Kreisblättern des Handelskammerbezirks bekannt gemacht. M. Gladbach / 26. März 1923. Die Handelskammer 20000 SCHÖTT A.G. RHEYDT |
| Reverse description | Log in to see details |
| Reverse lettering | 20000 |
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| Comments |
Mönchengladbach's Chamber of Commerce was one of hundreds of regional bodies forced into emergency currency production during the hyperinflation of 1923, when the Reichsmark's collapse outpaced the central bank's ability to supply denominations large enough for everyday transactions. These Handelskammer notes — Notgeld in function if not always in formal classification — were legal tender only within a defined local area, backed by nothing more substantial than the issuing body's commercial credibility.
Hermann Schött A.G. in nearby Rheydt handled the print run, which kept production costs and logistics tight at a moment when both were genuinely difficult to control. By the time 20,000 Mark felt like a useful denomination, it was already being overtaken by the inflation it was meant to address.