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50 Mark H. Heye Glasfabrik Schauenstein

Issuer H. Heye Glasfabrik Schauenstein
Year 1922
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Printer Wilh. Karl Alsemann, Obernkirchen
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Obverse description Plain cream paper note with a single-rule rectangular border, entirely typeset in letterpress. The denomination '50 M.' and 'M. 50' appear at upper left and right flanking the title 'Fünfzig Mark'; the issuer name 'H. Heye Glasfabrik' is set in large bold type at centre. A diagonal violet handstamp extends the validity to 5 February 1923, and two manuscript signatures appear below 'Die Direction'.
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Reverse description Plain cream reverse with a single-rule rectangular border and no printed text. At centre a circular violet official stamp of the Glasfabrik Schauenstein bears a small vignette at top and encloses a handwritten serial number.
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H. Heye Glasfabrik was a major German glassworks operating in Schauenstein in Upper Franconia, and this 50 Mark note is a product of the Notgeld emergency currency wave that flooded Germany in 1922 as hyperinflation made Reichsbank notes increasingly inadequate for everyday wage payments. Large industrial employers frequently issued their own scrip to pay workers when small-denomination official currency simply could not be sourced in sufficient quantity. Alsemann in Obernkirchen was a regional printer that handled a number of such commissions for Lower Saxon and Franconian firms during this period.

The official stamp serves as the sole security measure — thin protection, but sufficient when the issuer's local authority and recognizability were the real guarantee of acceptance.

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