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50 000 Mark Henschel and Sohn

Issuer Henschel & Sohn G.m.b.H., Abt. Henrichshütte, Hattingen
Year 1923
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Currency Mark (1914-1924)
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Obverse lettering Gutschein
Nur zum Verkehr innerhalb unserer Wohlfahrtseinrichtungen bestimmt
Bei Vorzeigung zahlen wir gegen diesen Gutschein an unserer Hauptkasse
Fünfzigtausend Mark
in Kassenscheinen
Hattingen, 1. März 1923
Henschel & Sohn G.m.b.H.
Abt. Henrichshütte
Die Direktion
Gültig bis 30. April 1923
50000
Reverse description Executed in olive-green and mauve on plain paper, the reverse is an entirely ornamental composition without text. Three symmetrically arranged vertical guilloche vignettes, each enclosing a vertical row of crescent and circle motifs, are set against a green lathe-work ground enclosed by a scalloped frame. At the centre a large baroque cartouche in mauve carries the interlaced monogram 'H·S' in Gothic script, flanked by scrolling acanthus ornaments. The denomination numeral '50000' is printed vertically in mauve on both lateral margins.
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Henschel & Sohn is remembered primarily as a locomotive manufacturer based in Kassel, but this note comes from a different branch entirely — the Henrichshütte division in Hattingen, a steelworks on the Ruhr with roots going back to 1854. During the hyperinflation of 1923, large industrial employers throughout the Ruhr issued their own Notgeld to pay workers when the Reichsbank could not supply enough physical currency to cover weekly wage rounds. W. Girardet in Essen, a major regional printer, handled enormous volumes of this emergency industrial scrip.

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