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500 000 000 Mark Bergwerksgesellschaft Hibernia

Uitgever Bergwerksgesellschaft Hibernia
Jaar 1923
Type Log in om details te zien
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Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Rectangular
Drukker Log in om details te zien
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Opschrift voorzijde Die Bergwerksgesellschaft Hibernia in Herne zahlt gegen diesen Gutschein
Fünfhundert Millionen Mark
Serie D
Die Einlösung muß spätestens 14 Tage nach Anruf in den amtlichen Kreisblättern bei den Kassen der Bergwerksgesellschaft Hibernia erfolgen.
Herne, September 1923.
Bergwerksgesellschaft Hibernia.
500 MILLIONEN
Beschrijving keerzijde The reverse is unprinted and plain, showing only the blank cream-white paper stock with show-through of the obverse impression visible through the sheet, consistent with the lightweight emergency currency paper typical of German Inflation-era Notgeld issues.
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Opmerkingen

Hibernia was one of the Ruhr's dominant coal-mining companies, and like dozens of major industrial firms during the hyperinflation of 1923, it was authorized to issue its own emergency currency — Notgeld — to pay its workforce when Reichsbank notes couldn't keep pace with collapsing purchasing power. This note, denominated at 500 million Mark, was issued at a moment when that sum bought roughly what a few pfennigs had purchased four years earlier.

Printed in Herne, where Hibernia maintained its administrative headquarters, the note reflects the industrial Notgeld practice of issuing currency backed by company credit rather than state authority — a stopgap that dissolved almost as quickly as the inflation it was created to address.

MISSCHIEN OOK INTERESSANT