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| 正面描述 | Blue-grey municipal treasury note printed in letterpress with an ornate guilloche border. To the left, a large decorative numeral '5' occupies a panelled vignette above the city arms of Mulhouse set within an intricate foliate surround. To the right, the title 'Stadtkassenschein' appears in bold Fraktur script at the top, followed by the issuer 'Stadt Mülhausen i. Els.' and the denomination 'Fünf Mark' in large Gothic lettering, with the issue date 'Mülhausen i. Els., 15. Oktober 1918' below. Three facsimile signature lines for the Stadtrechner, the Bürgermeister, and the Finanzamt appear at the foot, with the printer's imprint 'Gebr. Parcus, München' at the bottom margin. |
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| 背面描述 | Blue-grey reverse within a matching guilloche border, with the city arms of Mulhouse as a circular vignette at the top centre. The serial number appears twice — at upper right and lower left — flanking the central design. 'Stadtkassenschein' in Fraktur runs across the upper portion, with 'Fünf Mark' in large ornate script overlying a detailed engraved vignette of a Mulhouse civic building. Two blocks of anti-counterfeiting legal text in small Gothic type flank the central vignette, and the large numeral '5' is printed at the bottom centre. |
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Mulhouse — Mülhausen to its German administrators — was an Alsatian industrial city with a long history of textile manufacturing wealth and a predominantly French-speaking population that had been absorbed into the German Reich following the Franco-Prussian War of 1870–71. By 1918 the broader war economy had so thoroughly disrupted the Reichsbank's ability to supply adequate small change and low-denomination notes that municipalities across the occupied and annexed territories were authorized to issue their own emergency currency, known as Stadtgeld or Notgeld.
Gebrüder Parcus in Munich was one of the more prolific printers of municipal Notgeld during this period. The watermarked paper was a deliberate security measure against local counterfeiting — the stakes for a city already operating under wartime rationing were not trivial.