Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
5 000 000 Mark Gutehoffnungshütte
| Issuer | Gutehoffnungshütte Aktienverein für Bergbau und Hüttenbetrieb, Oberhausen |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | GUTSCHEIN über FÜNF MILLIONEN MARK 5,000,000 MARK Wir zahlen an unserer Hauptkasse in Oberhausen (Rhld.) gegen diesen Gutschein Fünf Millionen Mark. Dieser Gutschein verliert seine Gültigkeit am 31. Dezember 1923. GUTEHOFFNUNGSHÜTTE Aktienverein für Bergbau und Hüttenbetrieb. Oberhausen (Rhld.), 1. Aug. 1923. GUTEHOFFNUNGSHÜTTE OBERHAUSEN |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Embossed stamp |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Gutehoffnungshütte — the "Good Hope Foundry" — was one of the Ruhr's dominant heavy industrial combines, and like hundreds of German firms in 1923, it became a de facto currency issuer when Reichsbank notes became worthless faster than they could be printed. This is Notgeld in its most purely industrial form: a major steel and mining conglomerate paying its own workers with paper it produced itself, denominated in millions because that was what a day's wages required by mid-1923.
The embossed stamp served as the primary authentication device — cheap to apply, difficult to fake without the original die.