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5 Mark Bochum; United President Coal Mine

Issuer Zeche ver. Präsident (United President Coal Mine), Bochum
Year 1914-1918
Type Vouchers
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Obverse description Plain yellowish paper printed in black letterpress with centred denomination text. An oval violet handstamp of the Bochumer Bergwerks-Aktiengesellschaft, Bochum is applied across the lower portion, partially overlapping the printed text. A handwritten notation appears to the right of centre.
Obverse lettering Gut für
5 Mk.
(Fünf Mark)
Arbeitskommando
Zeche ver. Präsident
Schacht II.
(Translation: Good for 5 mark. Labour detachment. United President coal mine. Shaft II.)
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Comments

Zeche Vereinigte Präsident was one of the Ruhr's mid-tier collieries, and like dozens of similar operations it resorted to issuing its own emergency scrip during the First World War when small-denomination coinage effectively vanished from circulation. The German government's wartime metal requisitions drained copper and nickel from everyday commerce, forcing municipalities, businesses, and industrial concerns alike to fill the gap with paper Notgeld.

Mine-issued scrip of this type was redeemable only within the company's own economic orbit — the company store, the housing office, the canteen. Acceptance beyond the colliery's immediate community was never guaranteed.

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