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5 000 000 Mark Bochumer Verein für Bergbau und Gußstahlfabrikation
| Issuer | Bochumer Verein für Bergbau und Gußstahlfabrikation |
|---|---|
| Year | 1923 |
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| Composition | Log in to see details |
| Size | 135 × 102 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 5000000 Gutschein über Fünf Millionen Mark Bochum, den 1. August 1923. Bochumer Verein für Bergbau und Gußstahlfabrikation. Gutschein wird 14 Tage nach öffentlichem Aufruf ungültig und kann bis zu diesem Tage bei unserer Hauptkasse und den Zweigstellen der Sparkassen in Bochum eingelöst werden |
| Reverse description | The reverse is unadorned, printed in black Fraktur script on plain yellowish paper. A block of text in the upper-centre portion sets out the conditions of validity, warning that the voucher has monetary value and must be treated with the care due to cash, and that the holder bears personal responsibility for any loss. A second paragraph states that upon expiry of the stated deadline the note loses its validity and will no longer be redeemed. The issuer's name, 'Bochumer Verein für Bergbau und Gußstahlfabrikation', is repeated in bold Fraktur at the foot of the text block. |
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| Comments |
Bochumer Verein für Bergbau und Gußstahlfabrikation was one of the Ruhr's dominant integrated steel and mining concerns — a firm that produced its own Notgeld not as a novelty but out of operational necessity. During the hyperinflation of 1923, particularly through the spring and summer, the Reichsbank simply could not supply enough currency to meet industrial payrolls. Large employers across the Ruhr issued their own emergency notes to pay workers on a weekly or even twice-weekly basis, denominations escalating as the mark collapsed.
The French and Belgian occupation of the Ruhr from January 1923 further disrupted normal monetary supply chains, making factory-issued scrip a practical necessity rather than a curiosity.