This Fünfhundert Mark Gutschein, or five hundred Mark voucher, was issued by Deutsche Solvay-Werke Actien-Gesellschaft. Styled after a banknote, this company scrip includes the company seal and a Bezahlt, or paid, cancellation stamp on the backside. Paper features a watermark design.
Deutsche Solvay-Werke Actien-Gesellschaft produced soda ash and was the largest multinational chemical company in the world prior to World War One.
This German company scrip is an example of the hyperinflation which occurred in Germany after World War One as a result of reparation costs. Due to the devaluation of the Mark, companies began issuing their own currency that employees could use within their company stores. The high value of this currency is indicative of the hyperinflation of the Mark whose value decreased drastically from early 1923 through November 1923.
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“Deutsche Solvay-Werke Actien-Gesellschaft Fünfhundert Mark Gutschein.” Bernburg, Germany: Schwarzenberger, October 19, 1922. Robert J. Bauman collection. Science History Institute. Philadelphia. https://digital.sciencehistory.org/works/fq977v63f.
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