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50 000 000 Mark Gewerkschaft Orange

Issuer Gewerkschaft Orange, Gelsenkirchen
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Size 144 × 76 mm
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Obverse description Printed on firm white smooth paper in olive-green ink, with a linear-pattern border frame in dark brown. The central text and denomination are letterpress-printed in dark brown, with the serial number in black comprising six digits.
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Protection description Schleifenkreuz-Muster (Keller#184)
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Comments

Gewerkschaft Orange was a coal mining cooperative operating in the Gelsenkirchen area of the Ruhr, and like hundreds of industrial concerns across Germany in 1923, it issued emergency currency — Notgeld — to pay its own workers when the Reichsbank simply could not supply enough physical notes to keep pace with hyperinflation. At the peak of that collapse, fifty million marks represented perhaps a loaf of bread, and the denomination would have felt unremarkable to anyone receiving a weekly wage packet.

The watermarked paper suggests procurement from a commercial stationery supplier rather than a purpose-built security printer — common practice for industrial Notgeld issuers working under time pressure.

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