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10 Rentenmark
| Issuer | Deutsche Rentenbank |
|---|---|
| Year | 1925 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Reichsdruckerei |
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| In circulation to | 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 | Central vignette of a corn sheaf set within intricate guilloche printing, symbolising the agricultural land backing underpinning the Rentenmark. The denomination numeral '10' appears diagonally in all four corners of the note. A lengthy anti-counterfeiting warning inscription runs along the left margin in small letterpress text. |
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| Protection type | Guilloche underprint, Watermark |
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| Comments |
The Rentenmark was not legal tender in the strict sense — it was backed by a mortgage lien on German agricultural and industrial land, a technically fictitious but politically necessary device introduced in November 1923 to replace the catastrophically inflated Papiermark. The Rentenbank had no gold reserve. The currency worked because the public believed it would, and that belief held.
The 10 Rentenmark denomination circulated well into the late 1920s alongside its successor, the Reichsmark, which was introduced in 1924. Both currencies remained valid simultaneously for years, an unusual dual-currency arrangement that caused persistent confusion in daily commerce.