Catalog
10 Mark Herzogliche Sparkasse
| Issuer | Herzoglich Braunschweigische Sparkasse (Ducal Brunswick Savings Bank) |
|---|---|
| Year | 1918 |
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| Composition | Paper (Cardboard) |
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|---|---|
| Obverse lettering | Diese Schuldverschreibung ist auf den Inhaber ausgestellt Herzoglich Braunschweigische Sparkasse Serie IV lit. E Spareinlage über Zehn Mark ausgestellt von der Herzogl. Sparkasse Braunschweig ausgegeben Braunschweig, am 1. Novbr. 1918 Unverzinsliches Kriegsnotgeld |
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| Reverse lettering | (Translation: This bond is issued to the bearer Duchy of Brunswick Savings Bank Series IV lit. E savings deposit of ten marks issued by the Ducal Savings Bank of Brunswick Brunswick, on 1 Nov. 1918 Non-interest-bearing war emergency money) |
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| Comments |
Emergency money issued under the Darlehnskassenscheine system that proliferated across German states in the final year of the war, when Reichsbank notes had effectively vanished from everyday commerce through hoarding and military requisition. The Herzoglich Braunschweigische Sparkasse was one of dozens of savings institutions granted temporary authority to issue notgeld at this level — 10 Mark was unusually high for local emergency paper, most of which circulated in Pfennig denominations.
Brunswick's ducal savings bank had been operating since 1765, making it one of the older German provincial institutions to issue wartime paper. The cardboard composition is characteristic of 1918 notgeld, when even paper stocks were rationed.