Catalog
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| Issuer | Darlehnskasse Ost (Ostbank für Handel und Gewerbe) |
|---|---|
| Year | 1916 |
| Type | Log in to see details |
| Value | 10 Roubles (10 Rubel) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | DARLEHNSKASSENSCHEIN ZEHN RUBEL 10 10 Posen den 17 April 1916 OSTBANK FUR HANDEL UND GEWERBE DARLEHNSKASSE OST |
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| Protection type | Watermark |
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| Comments |
The Darlehnskasse Ost was a German military credit institution established in 1916 specifically to manage occupied eastern territories — present-day Lithuania, Latvia, and parts of Belarus and Poland — during the First World War. It issued its own currency, the Ostrubel, deliberately pegged to the German Mark at a fixed rate to facilitate extraction of resources and to displace Russian Imperial currency still circulating in the region. The system was explicitly colonial in design: local populations were compelled to use Ostrubel for tax payments and commerce.
The Ostbank für Handel und Gewerbe named on the note was the civilian banking arm working alongside the military Darlehnskasse apparatus — both names appearing reflects the dual administrative structure of the occupation.