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500 Mark Phoenix

Issuer Phoenix Aktien-Gesellschaft für Bergbau und Hüttenbetrieb, Abteilung Hoerder Verein
Year 1922
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Shape Rectangular
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Obverse description Green letterpress Notgeld printed on plain paper, with an elaborate guilloche border of rosette medallions enclosing the entire face. The centre field carries two large interlaced guilloche rosettes as underprint, over which a bold dark banner bears the denomination legend in white roman type. The issuer's name, place, and date appear in the lower half, accompanied by two manuscript signatures and a redemption clause in small letterpress text; the serial number is set in a ruled box at upper right, and the numeral 500 is repeated in four corner medallions.
Obverse lettering Gutschein Nr. über
FünfhundertMark
Hoerde i. Westf.
20. September 1922
"Phoenix"
Aktien-Gesellschaft für Bergbau u. Hüttenbetrieb
Abteilung: Hoerder Verein
Dieser Gutschein muß bis 20. Novbr. 1922 entweder bei unserer Hauptkasse in Hoerde oder bei der Städtischen Sparkasse in Hoerde oder bei der Darmstädter und Nationalbank in Dortmund zur Einlösung eingereicht werden.
J. C. KÖNIG & EBHARDT IN HANNOVER durch BUCHGEWERBE HALBACH, HOERDE.
500
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Comments

Phoenix Aktien-Gesellschaft für Bergbau und Hüttenbetrieb was one of the major integrated steel and mining concerns in the Ruhr, headquartered in Hörde — at that point still a separate industrial town east of Dortmund. This note was issued under the emergency currency provisions that allowed large industrial firms to issue their own Notgeld during the hyperinflationary spiral of 1922, when Reichsbank note production consistently lagged behind actual monetary demand.

J. C. König & Ebhardt of Hannover were primarily a commercial stationery and fine printing house, not a specialist banknote printer — their involvement here reflects how broadly the Notgeld commissions were distributed as conventional currency printers became overwhelmed.

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