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1 Mark Darlehnskassenschein
| Issuer | Reichsschuldenverwaltung |
|---|---|
| Year | 1920 |
| Type | Standard circulation banknote |
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| Obverse description | Green and ochre note with an ornate guilloche border framing the entire face. The title inscription in Gothic blackletter script occupies the upper portion, with a large dark central medallion bearing the numeral '1' and the word 'Mark' in relief. To the left, a circular red underprint vignette carries the Imperial Eagle within the legend 'REICHSSCHULDENVERWALTUNG', while to the right a plain guilloche rosette serves as a watermark window. The date 'Berlin, den 1. März 1920' and the issuing authority's name appear in the lower central field, followed by multiple facsimile signatures and a cautionary legal text along the bottom margin. |
|---|---|
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| Protection type | Watermark |
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| Comments |
The Darlehnskassenschein series — literally "loan treasury notes" — was first introduced in 1914 as a wartime emergency instrument, legally distinct from Reichsbank currency and intended to be temporary. By the time this 1920 issue appeared, "temporary" had long since lost its meaning. The Reichsschuldenverwaltung, the Reich Debt Administration, inherited a monetary system under severe strain, and these small notes filled the gap left by hoarded and melted coin.
The 1920 reissue of the 1 Mark denomination is common in circulated grades but notoriously difficult to find without the characteristic horizontal fold lines — these passed through millions of hands before inflation made them functionally worthless within three years.