This Eine Million Mark Gutschein, or one million Mark voucher, was issued by Chemische Fabrik Buckau. The center includes an embossed company seal. Paper features a watermark design.
Chemische Fabrik Buckau produced pure potash, calcined magnesia, soda ash, hydrochloric acid and sulfuric acid from kainite. The kainite used came from salt deposits found in the middle and northern parts of Germany.
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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|Original file type||TIFF|
|View in library catalog|
“Chemische Fabrik Buckau Eine Million Mark Gutschein.” Magdeburg, Germany: Chemische Fabrik Buckau, August 11, 1923. Robert J. Bauman collection. Science History Institute. Philadelphia. https://digital.sciencehistory.org/works/pn89d7491.
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