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5 Mark
| Issuer | Stadt Oelde (City of Oelde) |
|---|---|
| Year | 1921 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein der Stadt Oelde Oelde (Westfalen), den 1. Juli 1921 Der Gemeindevorstand: Stadtvorsteher: 5 Mark Dieser Gutschein wird von der Stadt Oelde eingelöst; er verliert seine Gültigkeit, wenn er nicht binnen Monatsfrist nach erfolgter öffentlicher Aufforderung zur Einlösung vorgelegt wird. |
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| Reverse lettering | Der Kupferschmied den man hier schaut Der pupte eines Abends laut, Ein Schutzmann nahm ihn voll Empö- In Strafe wegen Ruhestörung. (rung) Da legt der Schmied Berufung ein. Solch Ton könnt' kein Verbrechen sein, Fluch hätte er auf leerer Straßen Nur "Oelber Winde" fahren lassen. Die Glocke meldete den Fall "Alsobald dem ganzen Erdenball, Und überall erscholl das Liedchen Vom "fahrlässigen Kupferschmiedchen". |
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| Comments |
Oelde is a small Westphalian town, and its 1921 notgeld emission falls squarely within the municipal paper money wave that swept German local authorities during the hyperinflationary spiral following WWI. The Reichsbank's inability to keep small-denomination coinage in circulation — metals were hoarded or exported — forced thousands of municipalities to print their own. Oelde was one of hundreds doing exactly this, with no particular distinction in the broader notgeld record.
The 5 Mark denomination places this note in a transitional moment: by mid-1921, inflation was accelerating fast enough that even recently printed municipal issues were losing purchasing power within weeks of release.