This zweihunderttausand Mark Gutschein, or two hundred thousand Mark voucher, was issued by Vereinigte Glanzstoff-Fabriken A. G.. This particular company scrip includes a photographic reproduction of the company's grounds. Paper features a watermark design incorporating the letter S.
Vereinigte Glanzstoff-Fabriken A. G. was one of the leading producers of rayon in Europe.
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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“Vereinigte Glanzstoff-Fabriken Zweihunderttausend Mark Gutschein.” Oberbruch, Germany: Vereinigte Glanzstoff-Fabriken, August 10, 1923. Robert J. Bauman collection. Science History Institute. Philadelphia. https://digital.sciencehistory.org/works/j9602150j.
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