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21 Goldpfennig / 1/20 Dollar Handelskammern Freiburg, Konstanz, Lahr, Schopfheim, Villingen
| Issuer | Handelskammern zu Freiburg, Konstanz, Lahr, Schopfheim und Villingen |
|---|---|
| Year | |
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| Currency | Mark (1914-1924) |
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| Obverse description | Typeset Notgeld note printed in black letterpress on plain paper with a light guilloche underprint. The denomination is stated in large bold type at centre as '21 Goldpfennig = 1/20 Dollar (Nordamerika)', below the heading 'Notgeldschein der Handelskammern zu Freiburg, Konstanz, Lahr, Schopfheim, Villingen'. A redemption clause, authorisation notice from the Reichsminister der Finanzen, and multiple manuscript signatures of chamber representatives appear in the lower portion, with the printer's imprint at foot; a red serial number and series letter 'D' are applied in the left margin and upper right respectively. |
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| Obverse lettering | Notgeldschein der Handelskammern zu Freiburg, Konstanz, Lahr, Schopfheim, Villingen 21 Goldpfennig über = 1/20 Dollar (Nordamerika) Wertbeständige Anleihe des Deutschen Reiches. Der Inhaber dieses Notgeldscheines kann binnen Monatsfrist nach Aufruf den Umtausch in Schatzanweisungen der wertbeständigen Anleihe des Deutschen Reiches oder gegen Aushändigung des Scheines die Zahlung eines gleichwertigen Betrages bei den bekanntzugebenden Stellen verlangen. Ausgegeb. mit Genehmig. des Reichsministers der Finanzen. Die Handelskammern zu Freiburg, Konstanz, Lahr, Schopfheim, Villingen C. A. Wagner Buchdruckerei A.-G., Freiburg i. B. |
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| Comments |
A joint issue from five Baden chambers of commerce — Freiburg, Konstanz, Lahr, Schopfheim, and Villingen — this note belongs to the wertbeständiges Notgeld wave of late 1923, when the hyperinflation had made Reichsmark denominations meaningless within hours of printing. Anchoring the face value to both gold Pfennig and the US dollar was the practical solution: a fixed commodity or foreign-currency peg that would hold its worth long enough to change hands.
The multi-issuer arrangement was unusual. Pooling liability across five separate chambers spread the redemption risk and gave the scrip broader regional acceptance across the southern Black Forest corridor.