Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
20 000 Mark Henschel and Sohn
| Issuer | Henschel & Sohn G.m.b.H., Abt. Henrichshütte, Hattingen |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| 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 |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein Nur zum Verkehr innerhalb der Wohlfahrtseinrichtungen der Henrichshütte bestimmt Bei Vorzeigung zahlen wir gegen diesen Gutschein an unserer Hauptkasse Zwanzigtausend Mark in Kassenscheinen Henschel & Sohn G.m.b.H. Abt. Henrichshütte Die Direktion Hattingen, 25. Januar 1923 Gültig bis 31. März 1923 W. Girardet, Essen. |
| Reverse description | Log in to see details |
| Reverse lettering | 20000 Mark 20000 |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Henschel & Sohn is better remembered for its locomotives than its paper money, but during the hyperinflation of 1923 the firm's Henrichshütte ironworks division in Hattingen — a legally distinct operating unit — was authorized to issue its own notgeld to meet the wage demands of workers when the Reichsbank simply could not keep pace with currency requirements. These high-denomination emergency notes were functional payroll instruments, not commemorative pieces.
W. Girardet of Essen was a commercial printing house that handled a significant volume of Ruhr industrial notgeld during this period, which partly accounts for the utilitarian character of the output. The 20,000 Mark denomination places this note in the accelerating phase of inflation before the introduction of the Rentenmark in November 1923 effectively ended the emergency.