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50 000 Mark Hannoversche Maschinenbau-AG

Issuer Hannoversche Maschinenbau-Actien-Gesellschaft (HANOMAG), Hannover-Linden
Year 1923
Type Local banknote
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Obverse lettering 50000 Einlieferungsfrist wird durch die Tageszeitungen bekanntgegeben Nr Anweisung Die Hannoversche Maschinenbau-Actien-Gesellschaft, vormals Georg Egestorff, Hannover-Linden, bittet, dem Überbringer dieser An- weisung bis zum Betrage von M 50000 in Worten: Mark Fünfzigtausend Waren auszuhändigen und diese Anweisung an unserer Lohnkasse einlösen zu lassen. Wir bitten dringend, mehrere Anweisungen zusammen vorlegen zu wollen Hannover-Linden, den 7. August 1923 Hannoversche Maschinenbau-Actien-Gesellschaft vormals Georg Egestorff HANOMAG
(Translation: 50,000 Deadline for submission will be announced in the daily newspapers. No. Instruction The Hannoversche Maschinenbau-Actien-Gesellschaft, formerly Georg Egestorff, Hannover-Linden, requests that the bearer of this note be given goods up to the amount of 50,000 Marks in words: Fifty Thousand Marks and that this note be cashed at our payroll office. We urgently request that several notes be submitted together. Hannover-Linden, August 7, 1923 Hannoversche Maschinenbau-Actien-Gesellschaft formerly Georg Egestorff HANOMAG)
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Protection description Hakenmaander pattern watermark (Keller #176)
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HANOMAG — better known as a manufacturer of locomotives, agricultural machinery, and later trucks — became an emergency currency issuer during the hyperinflation of 1923, when the Reichsbank simply could not print fast enough to meet demand. Like hundreds of German industrial firms that year, HANOMAG printed its own Notgeld to pay its workforce, the nominal value essentially obsolete within days of issue.

The watermarked paper was a gesture toward legitimacy in a monetary system that had already collapsed in all but name.

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