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5 000 000 Mark August-Thyssen-Hütte

Issuer August Thyssen-Hütte, Gewerkschaft (Hamborn, Rhineland)
Year 1923
Type Local banknote
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Obverse description Salmon-pink and blue letterpress Notgeld on plain paper, with a salmon-pink guilloche lattice underprint covering the central field. At upper left, an oval cameo-style vignette in blue depicts a classical female bust in profile facing right. The denomination is set in large Gothic (Fraktur) script reading 'Fünf Millionen Mark' across the centre, flanked at the top by '5 000 000 Gutschein 5 000 000' in roman type. Below, a two-line redemption text and place-date inscription in small roman type is followed by the issuing authority names and a manuscript facsimile signature; the serial prefix letter and number are printed in red at lower left.
Obverse lettering 5 000 000 Gutschein 5 000 000
Fünf Millionen Mark
Einzulösen bei der Hauptkasse der August Thyssen-Hütte, Gew., Hamborn-Rhein
Dieser Gutschein verliert am 31. 12. 23. seine Gültigkeit. Hamborn, den 1. 8. 1923.
August Thyssen-Hütte, Gewerkschaft,
Gewerkschaften Friedrich Thyssen, Lohberg, Rhein I.
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Comments

August Thyssen-Hütte was one of the largest integrated steel operations in Germany, and by mid-1923 the Ruhr industrial firms had been forced into an extraordinary position: printing their own emergency currency because the Reichsbank simply could not supply enough paper money to meet payroll. This note was produced in-house — Thyssendruck was the company's own printing facility, meaning the steel conglomerate was literally manufacturing money alongside iron.

The five-million mark denomination, enormous by prewar standards, was already insufficient within weeks of issue. Notgeld at this level of inflation was often obsolete before the ink dried.

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