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10 Reichsmark Reichsbanknote

Issuer Reichsbank
Year 1929
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Currency Reichsmark (1924-1948)
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Reverse lettering Reichsmark. Reichsbanknote. Wer Banknoten nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt wird mit Zuchthaus nicht unter zwei Jahren bestraft.
(Translation: Reichsmark. Reichsbank note. Whoever counterfeits or falsifies banknotes, or acquires or circulates counterfeited or falsified banknotes, will be punished with imprisonment of not less than two years.)
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Protection type Watermark
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The 10 Reichsmark series of 1929 was part of the Reichsbank's post-stabilization currency regime, issued after the catastrophic hyperinflation of 1921–1923 had been suppressed by the Rentenmark and subsequent currency reform. By 1929, the Reichsmark had achieved credibility — briefly. The Wall Street Crash that same year began unraveling the American short-term loans that had been propping up Weimar Germany's economy under the Dawes Plan, and notes like this one entered circulation into a banking system that would face severe stress within two years.

Pick distinguishes the 180b suffix on the basis of signature combinations. The Reichsdruckerei in Berlin produced the entire series in-house, an arrangement that gave the German state direct control over production costs and security specifications — a deliberate policy choice after the chaotic outsourcing of the inflation years.

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