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| 正面铭文 | 500000 Die Rheinischen Stahlwerke A.G. in Duisburg Meiderich zahlen dem Einlieferer dieses Scheines Fünfhunderttausend Mark Die Einlösung erfolgt an unseren Kassen in Duisburg-Meiderich, Essen, Wattenscheid und Marl, sowie bei den dortigen Privatbanken. – Der Schein verliert am 31. Dezember 1923 seine Gültigkeit; eine frühere Aufrufung durch die Tageszeitungen der oben genannten Orte behalten wir uns vor. Duisburg-Meiderich, den 25. Juli 1923. Rheinische Stahlwerke Reihe C |
| 背面描述 | The reverse is printed in dark blue-grey on cream paper within a double-rule border with ornamental corner squares. A central circular vignette, set against a yellow-green guilloche disc, bears the inscribed name 'RHEINSTAHL' at the top and depicts a seated allegorical male figure of industry resting beside a hammer, with steel mill chimneys and a radiant sunburst in the background. The denomination '500000' appears in bold numerals within shaded rectangular panels to the left and right of the central vignette. The issuer's name 'Rheinische Stahlwerke' curves in Gothic Fraktur along the upper arc, while 'Fünfhunderttausend Mark' runs in matching script along the lower arc. |
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Rheinische Stahlwerke A.G. was one of the major integrated steel producers in the Ruhr, and like dozens of industrial firms during the hyperinflation of 1923, it issued its own emergency currency — Notgeld — to pay workers when the Reichsbank simply could not supply enough physical notes fast enough. A 500,000 Mark denomination sounds staggering; by mid-1923 it was roughly a day's wage, and within weeks it would be functionally worthless.
Corporate Notgeld of this type was printed locally and redeemable only through the issuing firm, which kept payroll moving but fragmented the currency supply across hundreds of private obligations simultaneously.