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20 Mark

Issuer Kreisausschuss des Kreises Cochem (District Committee of Cochem, Prussian Rhine Province)
Year 1918
Type Local banknote
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Obverse lettering Mark Landkreis Cochem Mark
Gutschein über
Zwanzig Mark
Dieser Gutschein wird vom Landkreise Cochem durch die Kreiskommunalkasse in Zahlung genommen. Der allgemeine Einlösungstermin tritt drei Monate nach vorseitiger Bekanntgabe im Kreisblatt und der Cochemer Zeitung ein.
Cochem, den 19. November 1918.
Der Kreisausschuß des Kreises Cochem.
Der Vorsthende.
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Reverse lettering BURG COCHEM
20 20
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Comments

Cochem's district committee issued this emergency note in 1918 as part of Germany's sprawling Notgeld wave — when the Imperial monetary system could no longer supply enough small-denomination coin and currency to keep local economies functioning through the final year of the war. District-level authorities, municipalities, and even individual businesses gained de facto authority to paper over the shortfall. Kreisausschuss notes like this one occupy an administrative middle tier: above town-issued scrip, below provincial paper, and largely unremarked in standard German monetary histories.

Redemption was theoretically guaranteed by the issuing district, though the practical value of that guarantee collapsed rapidly in the hyperinflationary years that immediately followed.

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