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500 000 Mark Bayer
| Issuer | Farbenfabriken vorm. Friedr. Bayer & Co., Leverkusen |
|---|---|
| Year | 1923 |
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| Value | Log in to see details |
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| In circulation to | 1 October 1923 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein Nr. der Farbenfabriken vorm. Friedr. Bayer & Co. Leverkusen bei Köln am Rhein Fünfhunderttausend 500.000 Mark 500.000 Bei dem augenblicklichen Mangel an Zahlungsmitteln sind wir gezwungen, diese Gutscheine auszugeben. Die Einlösung erfolgt an unserer Hauptkasse, sobald der Mangel behoben ist, spätestens am 1. Oktober 1923. Für den Betrag des Gutscheines übernehmen wir volle Haftung. Leverkusen, den 1. August 1923 Das Direktorium der Farbenfabriken vorm. Friedr. Bayer & Co. Gültig bis 1. Oktober 1923. |
| Reverse description | Plain cream paper printed in grey letterpress with the issuer's name and location in three lines of block capital text centred on the field. A faint ghost impression of the obverse winged-lion vignette is visible through the thin paper stock. |
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| Comments |
Farbenfabriken Bayer — the chemical and pharmaceutical manufacturer already well-established by 1923 — issued this note as Notgeld during the hyperinflationary collapse of the Weimar Republic. Corporate and municipal emergency money was widespread by mid-1923; the Reichsbank simply could not print fast enough to meet payroll demands, and large industrial employers began issuing their own denominated scrip to pay workers directly.
The 500,000 Mark figure, staggering in isolation, was already being overtaken by inflation within weeks of any given issue date. Bayer's payroll obligations at its Leverkusen works ran into the hundreds of thousands of workers and contractors — the practical necessity here was utterly mundane.