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10 Thalers

Issuer Commerz-Bank in Lübeck
Year 1865
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Currency Thaler
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Obverse lettering Die Commerz-Bank in Lübeck zahlt gegen Einlieferung dieser Banknote Zehn Thaler nach dem 30-Thaler-Fusse. Lübeck, den 1. Juli 1865. Der Verwaltungsrath
Reverse description Three interlocking circular medallions are arranged horizontally across the face, each framed by ornate foliate scrollwork. The central roundel carries the circular bank legend surrounding an inner guilloche rosette, while the two flanking roundels each bear the denomination numeral «10» within concentric guilloche rings. Series designation and manuscript signatures appear in the lower margin, with the imprint «Ausgefertigt:» below.
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The Commerz-Bank in Lübeck was a private commercial bank operating during the final years of the North German thaler system, before the political unification of 1871 and the subsequent introduction of the Mark swept away the patchwork of state and private currencies. This 10 Thaler note, printed by Giesecke & Devrient in Leipzig, belongs to that narrow window when Lübeck still functioned as a sovereign free city with its own monetary arrangements.

G&D had been producing banknotes since 1852, the year of the firm's founding, and by the mid-1860s were already the dominant security printer in the German states. The Lübeck thaler itself was formally discontinued following the Coinage Treaty of 1857, making notes denominated in thalers increasingly anachronistic by 1865 — issued against a unit already in managed decline.

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