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1 Mark Federal Treasury Note
| Issuer | Federal Ministry of Finance (Bundesministerium der Finanzen) |
|---|---|
| Year | 1967 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | 2001 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | 1 DEUTSCHE MARK Geldfälschung wird mit Zuchthaus bestraft (Translation: 1 GERMAN MARK Money counterfeiting is punishable by imprisonment) |
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| Variants | P#28a - 1967, serial prefix without letter P#28b - 1967, serial prefix with letter |
| Comments |
The West German 1 Mark Bundeskassenschein occupied an unusual institutional position: issued not by the Bundesbank but directly by the Federal Ministry of Finance, a holdover arrangement rooted in Allied occupation-era restrictions that had originally prevented the new German central bank from issuing notes below 5 Mark. By 1967 those restrictions were long gone, but the Finance Ministry retained the franchise — partly bureaucratic inertia, partly a quiet revenue stream through seigniorage.
The P#28b designation distinguishes a signature variety within the broader 1963-series run. Bundesdruckerei production throughout this period was tightly controlled for security printing quality, though the low face value meant these circulated hard and survived poorly.