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3 000 000 Mark Stadt-Sparkasse

Issuer Stadt-Sparkasse Bielefeld
Year 1923
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Printer E. Gundlach A. G., Bielefeld, Germany
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Obverse description The obverse is dominated by a bold Fraktur-script heading reading 'Stadtsparkasse Bielefeld' across the upper portion, with the denomination 'DREI MILLIONEN MARK' rendered in large decorative letterpress type at centre. A lower vignette illustrates a medieval historical scene with figures, horses and a fortified structure, accompanied by a historicising caption along the bottom margin referencing Bielefeld's medieval tribute to Stift Herford in 1150. Framing inscriptions in curved text around the border provide redemption and payment instructions, with the issue date 'BIELEFELD, DEN 11.8.1923' and reference to the Stadtkämmerei; the printer's imprint 'DRUCK: E.GUNDLACH A.-G. BIELEFELD' appears vertically on the left margin.
Obverse lettering STADTSPARKASSE BIELEFELD
EINGELÖST WIRD DIESER SCHECK VON ALLEN KASSEN IN BIELEFELD U. IM KREISE HALLE
ZAHLE GEGEN DIESEN SCHECK AN UNS ODER ÜBERBRINGER
BIELEFELD, DEN 11.8.1923
DREI MILLIONEN MARK
STADTKÄMMEREI
AUS GUTHABEN
EINE MANSЕ (1 HUFE LAND) LIFERTE BIELEFELD AN STIFT HERFORD ANNO 1150 ZWEI URN
EINIGUNG UND GLEICHEIN VOLK UND EIN REICHHFU
DRUCK: E.GUNDLACH A.-G. BIELEFELD
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Comments

Bielefeld's municipal savings bank issued a sprawling series of emergency currency during the hyperinflation of 1923, and the Stadt-Sparkasse notes are among the more unusual in that they were backed — at least nominally — by the city's linen industry rather than municipal credit alone. The 3,000,000 Mark denomination sits at the lower end of what the series eventually reached; within months, Bielefeld was issuing notes in the billions.

E. Gundlach A.G. was a local commercial printer, not a specialist banknote house, which is exactly what you'd expect given that Reichsbank-approved printers were overwhelmed and municipalities were left to arrange their own production.

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