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| Issuer | Magistrat Wilhelmshaven and Stadtmagistrat Rüstringen |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 5 000 000 Notgeld der Jadestädte Wilhelmshaven-Rüstringen Fünf Millionen Mark Das Ende der Umlaufzeit dieses Notgeldes wird von den Stadtverwaltungen Wilhelmshaven und Rüstringen in den Tageszeitungen der Jadestädte öffentlich bekannt gemacht. Wilhelmshaven-Rüstringen, den 24. August 1923. Der Magistrat Wilhelmshaven Stadtmagistrat Rüstringen Paul Hug & Co., Rüstringen. |
| Reverse description | The reverse is unprinted and shows only the blind show-through of the obverse letterpress impression visible through the thin paper stock, with no deliberate design elements, text, or vignettes applied to this side. |
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| Comments |
A joint issue from two neighboring municipal administrations — the Magistrat Wilhelmshaven and the Stadtmagistrat Rüstringen — this note belongs to the dense middle phase of German hyperinflation, when the Reichsbank's own output could not keep pace with depreciation and hundreds of local authorities resorted to Notgeld to cover payroll and basic commerce. The five-million-mark denomination, absurd within months of printing, was commonplace by summer 1923.
Paul Hug & Co. operated locally in Rüstringen, the industrial municipality that bordered and was later absorbed into Wilhelmshaven in 1937. The dual-issuer arrangement was administratively unusual but practical — both towns shared infrastructure and labor pools tied to the naval base.