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0.42 Mark Gold Schatzanweisung
| Issuer | Reichsbankdirektorium |
|---|---|
| Year | 1922-1923 |
| Type | Vouchers |
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| Obverse description | Typeset interim note (Zwischenschein) printed in black on pale blue-grey paper with a light guilloche underprint, enclosed within a simple rectangular ruled border. The heading 'Schatzanweisungen des Deutschen Reichs' appears in large Gothic blackletter type above the bold denomination '0,42 Mark Gold = 1/10 Dollar', with a small circular Reichsbankdirektorium seal bearing an eagle vignette at lower left, a red serial number at upper right, and twelve facsimile signatures of Reichsbank directorate members across the lower portion. A right-hand stub repeats the denomination vertically and carries the control designation 'M-10'. |
|---|---|
| Obverse lettering | Buchstabe C Zwischenschein 013298 zu den auf Grund der Ges. v.14.8.1923 (Reichsgesetzbl.IIS.329,IS.777) auszufertigenden Schatzanweisungen des Deutschen Reichs 0,42 Mark Gold = 1/10 Dollar Der Inhaber dieses Zwischenscheins kann gegen dessen Aushändigung nach Aufruf den Umtausch in Schatzanweisungen oder die Auszahlung eines gleichwertigen Betrags in bar verlangen. Berlin, den 23.Oktober 1923 Reichsbankdirektorium 0,42 Mark Gold = 1/10 Dollar (Translation: Letter C Interim Note 013298 for the treasury bills of the German Reich to be issued on the basis of the law of 14.8.1923 (Reich Law Gazette IIS.329, IS.777) 0.42 Gold Marks = 1/10 Dollar The holder of this interim note can, upon presentation after announcement, request exchange for treasury bills or the payment of an equivalent amount in cash. Berlin, October 23, 1923 Reichsbank Directorate 0.42 Gold Marks = 1/10 Dollar) |
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| Comments |
The Gold Schatzanweisungen were an emergency response to the collapse of the paper mark — small-denomination treasury certificates denominated in Goldmark rather than the inflating Papiermark, intended to give the public something with a stable unit of account while the monetary system was rebuilt around the Rentenmark. The 0.42 Mark denomination is a fraction that makes no obvious sense until you recall that 1 pre-war gold mark equaled 100 old Pfennig, and 42 Pfennig was a practical transactional amount in pre-inflation retail pricing.
These notes were issued under the Reichsbankdirektorium in the chaotic transitional months of 1922–23, bridging the hyperinflationary peak and the stabilization. Survival rates are reasonable; they were hoarded precisely because holders trusted the gold-denominated face value.