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500 000 Mark Francke Werke
| Issuer | Francke Werke K.a.A., Bremen |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Printer | Bremer Druckerei A.G., Bremen, Germany |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Nr. 013099 Die Mk. 500000 J. F. Schröder Bank K. u. A. Bremen wird angewiesen, gegen diesen Schein im Wege der Bankverrechnung Fünfhunderttausend Mark aus unserem Guthaben zu zahlen. Bremen, den 29. August 1923 FRANCKE WERKE K.a.A. Die Geschäftsinhaber Bremer Druckerei A.G. |
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| Reverse lettering | Zucker-Bank BREMEN |
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| Comments |
Francke Werke K.a.A. was a Bremen-based machinery and metalworks manufacturer that, like hundreds of German industrial firms in the summer and autumn of 1923, received emergency authorization to issue notgeld denominated in the inflating millions and hundred-thousands. These factory-issued emergency notes were not a banking function — they were a payroll necessity. Hyperinflation had outpaced the Reichsbank's ability to supply sufficient currency, and large employers printed their own to meet weekly wage obligations.
The Bremer Druckerei A.G. handled production locally, which kept turnaround short — critical when a denomination became inadequate within days of printing.