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500 000 Mark Bergwerksgesellschaft Hibernia
| Issuer | Bergwerksgesellschaft Hibernia, Herne |
|---|---|
| Year | 1923 |
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| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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| Obverse description | Salmon-orange Notgeld issued on plain paper with a dark brown ornamental border of interlocking scroll and lace-work guilloché running the full perimeter. The heading in Gothic blackletter script reads the issuer name across the top, followed by a sub-legend in smaller type, above the large denomination rendered in bold Gothic script across the centre field. Below the denomination, a two-line redemption clause in small Roman type is followed by the place and date of issue, the issuer's name in two lines, a manuscript signature, and a printed serial number aligned to the lower right. |
|---|---|
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| Reverse lettering | Bergwerksgesellschaft Hibernia in Herne 500000 MARK Zahlen die Kassen der Bergwerksgesellschaft Hibernia 14 Tage nach Aufruf in den amtlichen Kreisblättern dem Einlieferer dieses Scheines. |
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| Comments |
Hibernia was one of the Ruhr's dominant coal-mining companies, and like hundreds of German industrial firms during the hyperinflation of 1923, it issued its own emergency currency — Notgeld — to meet payroll when Reichsbank notes simply couldn't keep pace with collapsing purchasing power. The 500,000 Mark denomination places this squarely in the middle period of the crisis, before the truly astronomical figures of late 1923 rendered even million-mark notes functionally worthless within days of issue.
Industrial Notgeld of this type was printed locally and quickly, often on whatever stock was available. Hibernia's notes were redeemable against the company's own accounts, making their acceptance essentially a matter of employer trust.