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200 000 000 Mark Gelsenkirchener Bergwerks-Aktien-Gesellschaft
| Issuer | Gelsenkirchener Bergwerks-Aktien-Gesellschaft |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
| Composition | Log in to see details |
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| Obverse description | Crisp white paper with letterpress text printed in varying tones of green and brown. The face carries the full issuer name and denomination text in black Gothic script, with the redemption clause and issue date of 28 September 1923 printed across the central field. A five-digit serial number appears in black ink. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | 200 MILLIONEN (6) B G A |
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| Comments |
Gelsenkirchener Bergwerks-AG was one of the Ruhr's dominant coal and steel conglomerates — by the early 1920s it controlled mines, coking plants, and steelworks across the industrial basin. Like many large German industrial firms, it issued its own notgeld during the hyperinflation of 1923, partly to pay its own workforce when Reichsbank notes became functionally useless between paydays. A 200-million-mark denomination sounds staggering; by late 1923 it was barely adequate for a week's provisions.
The watermarked paper suggests the firm sourced security stock rather than plain commercial paper — an unusual level of care for emergency industrial scrip at this denomination level.