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| Issuer | August-Thyssen-Hütte, Gewerkschaft, Hamborn |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is printed in grey-green and pale red tones with an ornate guilloche border. A central cartouche with decorative scrollwork frames a detailed vignette of a large industrial or administrative building set amid trees, rendered in fine letterpress engraving. Two circular rosette medallions with geometric star patterns flank the central vignette at left and right, set within the wider guilloche field. |
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| Signature(s) | Fritz Thyssen and Julius Thyssen |
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| Comments |
Notgeld issued by the Thyssen steelworks in Hamborn during the peak of the 1923 hyperinflation, when industrial firms across the Ruhr were forced to print their own emergency wages simply to pay workers before money lost value between morning and afternoon. The August-Thyssen-Hütte was among the largest steel operations in Germany at the time, and its in-house printer, Thyssendruck, handled production on-site — one of the few cases where the issuing firm owned the press that made the notes.
Both Fritz and Julius Thyssen signed. Their father August had died in 1926 — no, in 1926 is wrong; August Thyssen died in April 1926, so in 1923 he was still alive but the firm bore his name rather than his signature.
Hmm, let me redo this properly.Notgeld issued by the Thyssen steelworks at the height of the 1923 hyperinflation, when Ruhr industrial employers routinely printed their own emergency currency to meet weekly — sometimes daily — payrolls before wages became worthless in transit. Thyssendruck, the in-house printer, produced the notes on-site in Hamborn, making this one of the relatively few corporate Notgeld issues where the issuing firm controlled its own press.
Fritz and Julius Thyssen both signed. Their father August, founder of the steelworks, was still living in 1923 but did not