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| 背面描述 | The reverse is printed in dark brown and teal-green, with a panoramic vignette spanning the full width of the note showing the industrial and ecclesiastical skyline of Hamborn am Rhein — factory chimneys, church steeples and blast furnaces rendered in silhouette against a teal ground. The issuer's name 'STADT HAMBORN AM RHEIN' runs across the top of the vignette, while '500 MILLIONEN' appears in large white reserve lettering across the centre. Vertical side panels carry the inscription '500 MILLIONEN' in dark letterpress, and a serial number in red is placed at the lower left beneath the skyline. |
| 背面铭文 | STADT HAMBORN AM RHEIN 500 MILLIONEN 500 MILLIONEN |
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Hamborn was an industrial city in the Ruhr, and its 1923 notgeld issues came directly out of the French and Belgian occupation of the region that began in January of that year. The occupying forces had moved in to enforce reparations payments in kind after Germany defaulted on timber and coal deliveries, and the resulting economic paralysis — combined with Berlin's policy of passive resistance and deliberate money-printing to fund striking workers — drove inflation to its terminal velocity by mid-to-late 1923.
Hamborn merged with Duisburg in 1929 and ceased to exist as an independent municipality, which means this note was issued by a city that no longer exists.