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10 Rentenmark Rentenbank

Uitgever Deutsche Rentenbank
Jaar 1923
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen 175 x 105 mm
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Dark brown letterpress over a dense guilloche underprint in red and green tones, with the large Gothic-script denomination 'Zehn Rentenmark' dominating the centre above a bold numeral '10' set within a guilloche panel. The issuer name 'Deutsche Rentenbank' and authorising text are arranged in horizontal bands across the note, with a decorative ornamental vignette in the right margin. A serial number in red appears at the upper right.
Opschrift voorzijde Log in om details te zien
Beschrijving keerzijde Printed in dark brown on an uncoloured ground, the reverse is centred on a large circular guilloche rosette composed of floral and foliate elements in green and red, with the bold numeral '10' overprinted at its centre. The title 'Rentenbankschein' appears at the top in Gothic script, 'Zehn Rentenmark' at the foot, and the denomination digit '10' is repeated in each corner. An anti-counterfeiting warning inscription is set vertically along the left margin.
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten Log in om details te zien
Opmerkingen

The Deutsche Rentenbank was created by emergency decree on 15 October 1923, at the absolute nadir of the Weimar hyperinflation. The Rentenmark it issued was backed not by gold — Germany had none to speak of — but by a mortgage lien on all agricultural and industrial land in the Reich, a legally novel and arguably fictitious guarantee that nonetheless worked precisely because the public chose to believe it.

Reichsbank president Hjalmar Schacht limited issuance strictly to 3.2 billion Rentenmarks total. That discipline, more than any backing asset, killed the hyperinflation almost overnight. By late November 1923, the exchange rate had stabilized at one Rentenmark to one trillion old Papiermarks.

Printed in Berlin by the Reichsdruckerei, which had spent the preceding two years running presses around the clock for the worthless predecessor currency.

MISSCHIEN OOK INTERESSANT