In August 1923, the Bayerische Bauindustrie A.-G., an included development firm in Munich, issued a sequence of coupons price 100,000, 1,000,000 and 5,000,000 marks — the devastating hyperinflation was in full swing. Though these items of Notgeld (“emergency cash”) weren’t official banknotes, they’d the backing of the Bavarian State Financial institution and the Bavarian State Ministry of the Inside.

The quantities are spelled out in Lichte fette Grotesk AKA Phosphor. Dated August 24th, 1923, the coupons are an early in-use example of Jakob Erbar’s inline caps. A number of sources give 1924 because the 12 months of first launch for this typeface. The title wasn’t registered with the German affiliation of typefoundries earlier than January 31th, 1924, and a proof was despatched in solely on April 29th. The date of subject printed on the banknotes doesn’t essentially need to match the precise date of printing, after all — paperwork will be backdated for all types of causes. Nevertheless, contemplating the speed of the inflation in the midst of 1923, it appears extremely unlikely that these coupons have been printed a lot later — they might have been nugatory by November, when the US greenback was price four,210,500,000,000 German marks. It’s protected to say that Lichte fette Grotesk was obtainable and in use already in 1923.

Having mentioned that, with a manufacturing course of that may take a number of years — from preliminary design to check cuttings and advance shipments to publicity — it’s not often potential to pinpoint a single date, and infrequently one can’t even argue that one date is extra right than the opposite.

Be aware that each types for ‘Okay’, ‘R’ and ‘S’ have been used, in an apparently random method. The opposite fonts in use are the bold cut (1910) of Feder-Grotesk, Erbar’s first launched typeface household and a remarkably early instance of a contrasted sans serif; and Wilhelm Jaecker’s Jaecker-Schrift (1910). Printed by the G. Franz’sche Buchdruckerei, München.

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