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| Issuer | Zementfabrik Port-Kunda (Port-Kunda Cement Factory) |
|---|---|
| Year | 1941 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper (White) |
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| Printer | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Blue text on white paper, bilingual German and Estonian, with four numbered clauses of conditions. Extension signature lines for cashier and treasurer, with a purple circular factory stamp at centre. |
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| Protection type | Watermark |
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| Comments |
Port Kunda, on Estonia's northern coast, had been producing cement since the 1870s and was one of the largest industrial operations in the Baltic region. When the German occupation of Estonia began in the summer of 1941, large-scale disruption to banking and currency supply left factory management across the occupied territories issuing their own scrip to pay workers — this note is one such instrument, produced by the cement works to function as internal wage currency.
The watermarked paper is notable: most comparable factory scrip from the occupation period made no such concession to security, suggesting the Port Kunda management had access to better materials than most.