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20 000 Mark Steinkohlenbergwerk Gewerkschaft Neumühl

Issuer Steinkohlenbergwerk Gewerkschaft Neumühl (Zeche Neumühl, Hamborn)
Year 1923
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Composition Paper
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Obverse lettering Gutschein
der Zeche Neumühl, Hamborn.
Die Kasse der Zeche Neumühl in Hamborn zahlt gegen Rückgabe dieses Scheines
Zwanzigtausend Mark
in deutscher Reichswährung.
Der Schein verliert 14 Tage nach Aufkündigung durch die Zeitungen seine Gültigkeit.
Hamborn, den 20. Juli 1923.
Steinkohlenbergwerk Gewerkschaft Neumühl.
Die Verwaltung:
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Reverse lettering Steinkohlenbergwerk
Gewerkschaft
Neumühl
20000
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Zeche Neumühl was a coal mine in Hamborn, on the left bank of the Rhine just north of Duisburg, and by 1923 it was issuing its own emergency currency alongside dozens of other Ruhr industrial operations. The hyperinflation peak that summer made payroll in Reichsmark functionally impossible — denominations became obsolete faster than they could be printed and distributed. Mine operators, steelworks, and municipal authorities across the Ruhr filled the gap with Notgeld, often in denominations that would have seemed absurd eighteen months earlier.

The 20,000 Mark figure places this note firmly in the acute phase of the crisis, before the November 1923 Rentenmark stabilization rendered the entire series worthless overnight.

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