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50 000 Mark Steinkohlenbergwerk Gewerkschaft Neumühl

Issuer Steinkohlenbergwerk Gewerkschaft Neumühl, Hamborn
Year 1923
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Shape Rectangular
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Obverse description Green underprint with a dark brown ornamental border composed of repeating diamond and cross motifs frames the entire note. The central field carries the denomination in large Gothic blackletter script reading 'Fünfzigtausend Mark', set above a light blue guilloché underprint vignette, with the issuer title 'Gutschein der Zeche Neumühl, Hamborn' in the upper register and the denominal numeral '50 000' at upper left and series letter with serial number at upper right. The lower portion bears the issuing authority 'Steinkohlenbergwerk Gewerkschaft Neumühl', the place and date 'Hamborn, den 20. Juli 1923', and two manuscript signatures above the rubric 'Die Verwaltung'.
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Reverse description Printed entirely in teal-green on plain paper, the reverse is dominated by a large central oval guilloché medallion bearing the issuer's name in white-reserve Gothic script. The four corners each carry the numeral '50000' in bold white-reserve lettering, and the surrounding field is filled with an intricate engine-turned guilloché pattern of rosettes and interlocking scrollwork, enclosed by a fine rectangular border of repeating geometric ornaments.
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Gewerkschaft Neumühl was a coal mining cooperative in Hamborn, then a heavily industrialized city on the northern edge of the Ruhr that was formally incorporated into Duisburg only in 1929. This note belongs to the vast category of German notgeld issued during the hyperinflation of 1923, when coal mines, steelworks, and municipal authorities throughout the Ruhr printed their own emergency currency to pay workers — partly out of necessity, partly because French and Belgian occupation forces had disrupted Reichsbank distribution during the Ruhrbesetzung.

Mining Gewerkschaften in the region issued wages directly in notgeld throughout much of 1923. By the time 50,000 Mark denominations were in circulation, the figure was already being outpaced by inflation within days of printing.

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