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200 000 000 Mark Krupp
| Issuer | Fried. Krupp Aktiengesellschaft, Essen |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse is printed entirely in purple on cream paper, with a large central oval vignette enclosing a figure of a muscular male worker or smith rendered in a classical allegorical style. The denomination '200 Millionen 200' is repeated in Fraktur script in the upper and lower corners of the guilloche border frame, and ornamental cross-shaped rosette devices appear symmetrically at the left and right margins flanking the central vignette. |
| Reverse lettering | 200 Millionen 200 200 Millionen 200 |
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| Comments |
Krupp's Essen steel works issued its own emergency currency — Notgeld — during the hyperinflation peak of 1923, when the Reichsbank simply could not print fast enough to meet payroll demands at a factory complex employing tens of thousands. A 200,000,000 Mark denomination sounds extraordinary, but by August 1923 it barely covered a day's wages. Industrial giants like Krupp had both the authority and the practical necessity to issue their own scrip, redeemable at company cashier offices.
Krupp Notgeld was denominated in Mark, not in the stabilized Rentenmark that replaced the collapsed currency in November 1923 — making this note functionally worthless within weeks of issue.