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5 Pfennigs Arbeitgeberkartell für die Unterweserorte
| Issuer | Arbeitgeberkartell für die Unterweserorte (Bremerhaven, Geestemünde and Lehe) |
|---|---|
| Year | 1923 |
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| Value | 5 Pfennigs Gold (0.05) |
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| Obverse description | Typographic letterpress design printed in black ink over a brown wavy-line guilloche underprint, enclosed within a scalloped decorative border. Large numeral "5" flanks both left and right margins, with the heading "Notgeldschein über" above the denomination "Fünf Pfennig Gold" in blackletter (Fraktur) type; the issuing authority "BREMERHAVEN / GEESTEMÜNDE / LEHE," dated 1 November 1923, and the name of the employers' cartel appear below, followed by three manuscript signatures and a red overprinted serial number at right. The printer's imprint "Otto Remmler, Geestemünde" is set at the lower margin. |
|---|---|
| Obverse lettering | Notgeldschein über Fünf Pfennig Gold Pfennig Gold Ausgegeben mit Genehmigung des Reichsministers der Finanzen Einlösbar zu umstehenden Bedingungen Gedeckt durch hinterlegte Goldanleihe des Deutschen Reiches BREMERHAVEN / GEESTEMÜNDE / LEHE den 1. November 1923 Arbeitgeberkartell für die Unterweserorte: Otto Remmler, Geestemünde (Translation: Emergency note for Five gold pfennig Gold pfennig Issued with authorization of the Reich Minister of Finance Redeemable under the conditions printed overleaf Secured by deposited Gold Loan of the German Reich Bremerhaven / Geestemünde / Lehe 1 November 1923 Employers' cartel for the Lower Weser localities: Otto Remmler, Geestemünde (printer)) |
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| Comments |
The Arbeitgeberkartell für die Unterweserorte — an employers' cartel covering the three adjacent Lower Weser towns of Bremerhaven, Geestemünde, and Lehe — issued this note during the hyperinflation emergency of 1923, when municipal and private organizations across Germany scrambled to produce small-denomination Notgeld to cover the chronic shortage of fractional currency. Employer associations issuing their own scrip is relatively uncommon even within the sprawling Notgeld catalogue; most private issuers were commercial firms or local savings banks.
The watermarked paper is an unusual security measure at this denomination and from this class of issuer — most comparable 5-Pfennig pieces dispensed with it entirely.