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5 000 000 Mark Essener Steinkohlenbergwerke
| Issuer | Essener Steinkohlenbergwerke Aktiengesellschaft |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Reihe A No 11983 Gutschein über 5 000 000 Mark Fünf Millionen Mark Die Essener Steinkohlenbergwerke Aktiengesellschaft zu Essen zahlen gegen diesen Gutschein bis längstens 14 Tage nach erfolgtem Aufruf in der „Essener Allgemeinen Zeitung” den Betrag von 5 000 000 Mark Essen, den 14. August 1923 ESSENER STEINKOHLENBERGWERKE AKTIENGESELLSCHAFT |
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| Reverse lettering | Fünf Millionen Mark |
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| Comments |
Essener Steinkohlenbergwerke was one of the major Ruhr coal-mining conglomerates, and like hundreds of German industrial firms in 1923, it issued its own emergency currency — Notgeld — when Reichsbank notes simply could not keep pace with hyperinflation. By the time denominations reached seven figures, wages were being paid in sacks of banknotes, often printed by local firms on whatever paper stock was available. C. W. Haarfeld was an Essen-based printer, which places production squarely within the issuer's own industrial region rather than being farmed out to Leipzig or Berlin specialty houses.
The single signature, Engelmann, almost certainly corresponds to a senior financial officer of the AG, though the specific role is unrecorded in standard references.