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5 000 000 000 Mark Gelsenkirchener Bergwerks-Aktien-Gesellschaft

Uitgever Gelsenkirchener Bergwerks-Aktien-Gesellschaft
Jaar 1923
Type Local banknote
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Beschrijving voorzijde The obverse is printed in a two-colour scheme of deep red-brown and purple on plain paper, with a fine guilloche underprint filling the central panel. The denomination "Fünf Milliarden Mark" is set in large Gothic blackletter type dominating the centre, above a circular purple company seal bearing the initials "B.G." The numeral "5" appears in large format at both the left (purple) and right (red) margins, each accompanied by the word "Milliarden", while the issuing text and serial number are printed in smaller Roman type at the top and foot of the central panel respectively.
Opschrift voorzijde Gelsenkirchener Bergwerks-Aktien-Gesellschaft zahlt
Fünf
Milliarden
Mark
für diesen Gutschein. Der Einlösungstag wird öffentlich bekannt gegeben. Gelsenkirchen, 1. Oktober 1923
Gelsenkirchener Bergwerks-Aktien-Gesellschaft
5 Milliarden
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Opmerkingen

Gelsenkirchener Bergwerks-AG was one of the largest coal and steel combines in the Ruhr, and like dozens of major German industrialists in late 1923, it issued its own notgeld denominated in billions of marks — not because it had banking authority, but because the Reichsbank simply could not print fast enough to meet payroll. At the hyperinflation peak, workers were sometimes paid twice daily to outrun the afternoon depreciation.

Corporate emergency issues of this scale were tolerated by authorities as a practical necessity, then rapidly demonetized once the Rentenmark stabilized the currency in November 1923.

MISSCHIEN OOK INTERESSANT