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4.2 Pfennig Gold = 1⁄100 US-Dollar Flensburger Schiffbaugesellschaft
| Issuer | Flensburger Schiffsbaugesellschaft |
|---|---|
| Year | 1923 |
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| Size | 120 × 82 mm |
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| Obverse description | Typeset notgeld note printed in dark green on a light guilloche underprint within an ornate scrollwork border. The denomination '4,2 Pfennige Gold (1/100 Dollar)' is set in large Gothic blackletter typeface at centre, above a multi-line redemption clause. Serial letter 'Buchstabe A' appears at upper left, with serial number at upper right; dated 'Flensburg, den 1. November 1923' and signed by Flensburger Schiffsbaugesellschaft. |
|---|---|
| Obverse lettering | 4,2 Pfg. Gold (1/100 Dollar) Buchstabe A Wertbeständiger Notgeldschein, ausgegeben mit Genehmigung des Reichsministers der Finanzen und gedeckt durch Hinterlegung von wertbeständiger Anleihe des Deutschen Reiches. 4,2 Pfennige Gold (1/100 Dollar) in Schatzanweisungen der wertbeständigen Anleihe des Deutschen Reiches oder einem gleichwertigen Barbetrage zahlen wir gegen diesen Schein dem Einlieferer an den von uns bekannt gegebenen Stellen binnen Monatsfrist nach Aufruf. Flensburg, den 1. November 1923. Flensburger Schiffsbaugesellschaft. 4,2 Pfennige Gold |
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| Comments |
During the hyperinflation crisis of 1923, when the Reichsmark was collapsing daily, German businesses issued their own emergency currency — Notgeld — to keep payrolls and local commerce moving. The Flensburger Schiffsbaugesellschaft, a major shipyard on the Flensburg Fjord, denominated this note not in Marks but in Goldpfennig pegged to the US Dollar, an explicit acknowledgment that the national currency had become worthless as a unit of account.
The printer, Deutscher Verlag — the commercial arm of the local newspaper Flensburger Nachrichten — was a practical choice of proximity, not prestige. The watermark security feature is notable for a private industrial issuer at this scale.