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5 000 000 Mark Gewerkschaft Sophia-Jacoba

Issuer Gewerkschaft Sophia-Jacoba
Year 1923
Type Local banknote
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Reverse lettering GEWERKSCHAFT SOPHIA-JACOBA, HÜCKELHOVEN
SCHÖTT A.G. RHEYDT
Signature(s) Kever and Kesten
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Comments

Gewerkschaft Sophia-Jacoba was a coal mining company in Hückelhoven, in the Rhineland, and like hundreds of German industrial enterprises in 1923 it issued its own emergency currency — Notgeld — to pay workers when the Reichsbank could not supply denominations fast enough to keep pace with hyperinflation. Five million marks was a serious sum in early 1923; by November it would have been worthless before the ink dried.

Hermann Schött A.G. in Rheydt handled the printing, a regional commercial press rather than a specialist banknote printer — consistent with the improvised nature of industrial Notgeld generally.

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