Catalog
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| Issuer | Kreisausschuß des Landkreises Bochum |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Fünf Millionen Mark zahlen die Kreiskommunalkasse, die Amts-, Gemeinde- und Sparkassen des Landkreises Bochum dem Einlieferer dieses Scheines. Bochum, den 16. August 1923. Der Kreisausschuß des Landkreises Bochum. Landrat. Mitglieder. Landkreis Bochum |
| Reverse description | Log in to see details |
| Reverse lettering | Ausgegeben mit Genehmigung des Reichsministers der Finanzen 5 000 000 Mark Dieser Schein bleibt gültig bis zum Ablauf der durch amtlichen Aufruf bekannt zu machenden Frist. |
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| Comments |
Issued by the rural district committee surrounding — but administratively distinct from — the city of Bochum, this note belongs to the most chaotic phase of Weimar hyperinflation, when municipal and county authorities across Germany printed their own emergency currency simply to meet payroll. By the time denominations reached the millions, the Reichsbank's supply chain had completely collapsed under the volume required, and local Notgeld ceased to be the stopgap measure it had been in 1921 and became the primary means of paying workers in the industrial Ruhr.
The Landkreis Bochum itself was a coal and steel district under French and Belgian occupation during much of 1923, following the Ruhr invasion of January that year — a pressure that accelerated local currency fragmentation well beyond what hyperinflation alone would have produced.