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| 背面描述 | Intricate grey guilloche underprint covers the entire surface with a geometric lace-pattern border. The numeral "300000" is printed centrally in large red-brown Fraktur script. An anti-counterfeiting warning legend in smaller Fraktur type is set at the lower centre; a violet control stamp is present at lower left. |
| 背面铭文 | 300 000 Wer diesen Gutschein nachmacht oder verfälscht oder nachgemachte oder verfälschte Gutscheine sich verschafft und in Verkehr bringt wird mit Zuchthaus nicht unter 2 Jahren bestraft. (Translation: 300,000 Anyone who reproduces or falsifies this voucher, or obtains and circulates reproduced or falsified vouchers, will be punished with imprisonment of not less than 2 years.) |
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Anhaltische Kohlenwerke was a coal mining company based in Halle an der Saale, and like hundreds of German industrial firms during the hyperinflation of 1923, it issued its own emergency currency — Notgeld — to meet payroll when the Reichsbank simply could not supply enough physical banknotes to keep pace with collapsing purchasing power. The 300,000 Mark denomination places this note squarely in the mid-1923 period, before the astronomical figures of the autumn made even million-Mark notes feel inadequate within days of issue.
Corporate Notgeld of this type was legally permissible under emergency provisions but carried no guarantee beyond the issuing firm's own solvency.