schatzanweisung

Having matriculated with the Bauhaus in 1921 and demonstrating considerable typographic talent, Herman Bayer (*1900 - †1985—previously here and here) while attending school in Weimar, we learn from Coudal Partners’ Quick Links, was commissioned in 1923 by the state of Thüringen to create Notgeld—emergency currency for a nation that after suffering defeat in the Great War—to address run-away, hyperinflation. Paper money went into circulation as soon as it was printed as it became practically worthless immediately.