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500 000 Mark provincial joint issue of Handelskammer, Landwirtschaftskammer and Handwerkskammer Hannover

Issuer Handelskammer, Landwirtschaftskammer and Handwerkskammer Hannover
Year 1923
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Currency Mark (1914-1924)
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Obverse description Printed in violet on cream paper, the obverse is dominated by a large central guilloche rosette flanked by two smaller circular guilloche medallions, with the large fraction numeral '1/2' superimposed at centre. The denomination 'GUTSCHEIN ÜBER ½ MILLION MARK' is inscribed in bold letterpress at the top, with a serial letter and number to the right. Below the central guilloche, the Hannover provincial coat of arms is set between the issuing city name 'HANNOVER' and the date 'DEN 15. AUG. 1923'. The decorative border incorporates the names of twelve participating regional towns in the top and bottom panels, and further town names running vertically along both side margins.
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Reverse description Printed in grey-brown on cream paper, the reverse carries the large heading '½ MILLION MARK' at top, beneath which a heraldic Hanoverian horse eagle vignette occupies the upper centre. Four sets of manuscript signatures appear in two rows, attributed to representatives of the four co-issuing institutions: Landesbank der Provinz Hannover, Girozentrale Hannover, Vereinigung Niedersächsischer Handelskammern / Handelskammer zu Hannover, and Landwirtschaftskammer für die Provinz Hannover, with a fifth signature line below for Die Handwerkskammern der Provinz Hannover. The central text panel, framed by two guilloche rosettes, states the redemption conditions and the issue date 'Hannover, den 15. August 1923'. Town names border the note on all four sides identically to the obverse.
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The joint issuance here is what makes this note administratively unusual. Rather than a single municipal or banking authority, three separate chambers — commerce, agriculture, and crafts — co-signed the emergency issue, an arrangement that reflects how thoroughly the 1923 hyperinflation had collapsed normal monetary infrastructure. Local institutions that had no business printing currency were doing exactly that, and the tripartite structure was one way to distribute both legitimacy and liability across the regional economy.

J. C. König & Ebhardt, the Hannover printer responsible, was primarily a stationery and bookbinding firm — not a security printer by trade.

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