Catalog
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| Issuer | Province of Westphalia |
|---|---|
| Year | 1923 |
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| Composition | Gold plated tombac |
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| Obverse description | Central field features the rearing Saxon horse (Sachsenross), the heraldic symbol of Westphalia, depicted in high relief facing right with forelegs raised. The denomination '50 Millionen Mk.' is inscribed in two lines in the lower left field beneath the horse. The circular legend 'Notgeld der Provinz Westfalen' runs along the upper periphery in Fraktur blackletter script, while the date '·1923·' appears at the base, flanked by decorative stops. |
|---|---|
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| Obverse lettering | Notgeld der Provinz Westfalen 50 Millionen Mk. ⁃1923⁃ |
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| Additional information |
This piece belongs to the vast wave of German notgeld issued as the Reichsmark collapsed in 1923 — a collapse so total that by November of that year a single US dollar exchanged for over four trillion marks. Provincial and municipal authorities across Germany printed and struck emergency currency simply to pay wages, often in denominations that doubled or tripled within days of issue. Westphalia's choice to honor Freiherr vom Stein — the Prussian reformer who dismantled serfdom and restructured municipal governance after Napoleon's humiliations — carried obvious political charge in a moment of renewed national crisis.
The Funck references distinguish between 12A and 12B variants, likely reflecting differences in the depth or application of the gold plating run.