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1 Deutsche Mark

Issuer Deutsche Notenbank
Year 1948
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Value 1 Mark (1 DDM)
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Obverse lettering BANKNOTE
EINE DEUTSCHE MARK
VON DER DEUTSCHEN NOTENBANK AUF GRUND IHRER SATZUNG AUSGEGEBEN
BERLIN 1948
(Translation: Banknote / One Deutsche Mark / Issued by the Deutsche Notenbank on the basis of its statutes / Berlin 1948)
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Reverse lettering BANKNOTE
EINE DEUTSCHE MARK
DEUTSCHE MARK
WER BANKNOTEN NACHMACHT ODER VERFÄLSCHT ODER NACHGEMACHTE ODER VERFÄLSCHTE SICH VERSCHAFFT UND IN VERKEHR BRINGT, WIRD LAUT GESETZ BESTRAFT
(Translation: One Deutsche Mark / Whoever counterfeits or falsifies banknotes, or obtains and circulates counterfeited or falsified banknotes, will be punished according to the law)
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The Deutsche Notenbank was the central bank of the Soviet occupation zone, and this 1948 1 Mark note belongs to the currency reform that split German monetary history in two. The western zones introduced the Deutsche Mark through the Bank deutscher Länder on 20 June 1948; the Soviets, unwilling to allow western-controlled currency to circulate in their zone, responded within days with their own reform, overprinting existing Reichsmark notes before purpose-printed issues like this one became available.

Giesecke & Devrient's Leipzig plant — nationalized under Soviet administration — handled production, making this one of the earliest postwar issues from that facility under East German authority.

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