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4.2 Pfennig Gold / 1 US-Cent
| Issuer | Die Staatshauptkasse Bremen |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Uniface note printed in black letterpress on plain paper with a pink guilloche rosette underprint at centre. At upper left, a sideway legend reads 'Genehmigt durch den Reichsminister der Finanzen'; at upper centre the exchange rate heading '1 Cent = 4,2 Pfennig Gold' is set above the title 'Kassenschein über' and the large bold denomination '1 CENT'. The body of the note carries a full paragraph of German text detailing the gold-backed nature of the instrument, referencing 6% Goldschatzanweisungen des Deutschen Reiches deposited at the Reichsbank in Bremen, followed by the place and date 'BREMEN, 7. November 1923' and the issuing authority 'DIE STAATSHAUPTKASSE:', with two manuscript signatures below. The printer's imprint 'HAUSCHILD, BREMEN' appears at lower left. |
|---|---|
| Obverse lettering | 1 Cent = 4,2 Pfennig Gold Kassenschein über 1 CENT der 6% Goldschatzanweisungen des Deutschen Reiches. Zur Sicherung dieses Kassenscheines sind bei der Reichsbank in Bremen 6% Goldschatzanweisungen des Deutschen Reiches von 1923 in Höhe der ausgegebenen Kassenscheine hinterlegt. Dieser Kassenschein stellt einen Teilbetrag der hinterlegten Goldschatzanweisungen des Reiches dar. Die Staatshauptkasse zahlt an den Inhaber den Gegenwert nach dem Kurse der 6% Gold-Schatzanweisungen des Reiches am Vortage der Zahlung in Reichswährung. Dieser Kassenschein kann jederzeit mit einer Frist von einer Woche zur Rückzahlung gekündigt werden. BREMEN, 7. November 1923. DIE STAATSHAUPTKASSE: Genehmigt durch den Reichsminister der Finanzen |
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| Comments |
Bremen's Staatshauptkasse issued this note during the Weimar hyperinflation period as part of a broader German experiment with gold-indexed emergency currency — Goldpfennig notes denominated in fractions tied to stable foreign or commodity values rather than the collapsing Papiermark. The dual denomination, expressing the same unit as both 4.2 Pfennig Gold and 1 US-Cent, reflects the practical reality of 1923: the American dollar had become a more reliable unit of account than anything the Reichsbank could offer.
H.M. Hauschild was a Bremen publishing and printing house, not a specialist security printer. Local procurement was the norm for Notgeld at this level.