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200 000 000 Mark
| Issuer | Stadt- und Landkreis Gelsenkirchen |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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| Obverse description | The obverse is set on a pale pink and mauve guilloche underprint with ornate foliate scroll borders. The denomination '200 Millionen Mark' is rendered in large Gothic (Fraktur) blackletter script across the centre, with a green letterpress overprint of the numeral '200' appearing twice — once centrally beneath the denomination and once at the right margin. At the top, the heading 'Notgeld' and the issuing authority 'für den Stadt- und Landkreis Gelsenkirchen' are inscribed in Fraktur, with the series designation 'Reihe A' at upper left. At the foot, two official dry seals — one for the Stadt Gelsenkirchen bearing a church vignette, one for the Kreisausschuss bearing an eagle — flank the manuscript signatures of the Oberbürgermeister (left) and the Kreisdeputierter Werner on behalf of the Kreisausschuß (right), above the date 'Gelsenkirchen, 28. September 1923'. |
|---|---|
| Obverse lettering | Reihe A Notgeld für den Stadt- und Landkreis Gelsenkirchen 200 Millionen Mark Ausgegeben von dem Stadt- und Landkreise Gelsenkirchen mit Genehmigung des Reichsfinanzministers Gelsenkirchen, 28. September 1923 Der Oberbürgermeister: Der Kreisausschuß: I. V.: Kreisdeputierter |
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Gelsenkirchen's municipal authority issued this 200,000,000 Mark note during the hyperinflationary peak of 1923, when the Reichsbank could not supply enough currency fast enough to meet daily wage demands. Local authorities across the Ruhr were authorized — sometimes just assumed the right — to issue Notgeld to keep commerce and payrolls functioning. Gelsenkirchen, as a major coal-mining center, had particular urgency: miners were paid daily, in cash, and the sums required had become astronomical by August and September of that year.
The 200 million denomination locates this note precisely within the late-summer acceleration of inflation, before the introduction of the Rentenmark in November 1923 rendered the entire series worthless overnight.