Catalog
100 Mark Herzogliche Sparkasse
| Issuer | Herzoglich Braunschweigische Sparkasse (Ducal Brunswick Savings Bank) |
|---|---|
| Year | 1918 |
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| Composition | Paper (Cardboard) |
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| Reverse description | Printed in blue on the same cream card stock, the reverse is divided into two main sections within a guilloche border. The left column, headed 'Jahreszinsen sind gezahlt:', provides blank ruled lines for recording annual interest payments with fields for date, amount in Mark and Pfennig, and order number. The central and right sections present a tabular interest schedule headed 'Zinsen auf 100 M Einlage', listing monthly periods from one to twelve months against four interest rate columns (3%, 3½%, 3¾%, 4%), with a column of printed regulations at the far right. The top left corner of the note is cut diagonally, indicating cancellation. |
| Reverse lettering | Jahreszinsen sind gezahlt: Zinsen auf 100 M Einlage Beitraum 3% 3½% 3¾% 4% 1 Monat Auszug aus dem Gesetze, die in Verbindung mit der Herzogl. Leihhaus-anstalt errichtete Sparkasse betreffend, vom 10. Juni 1892. |
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| Comments |
Germany in 1918 was hemorrhaging currency. The Reichsbank could not keep pace with wartime demand, so regional savings institutions — including ducal-era holdovers like the Braunschweigische Sparkasse — were authorized to issue their own notgeld at higher denominations. A 100 Mark note from a provincial savings bank was extraordinary; most notgeld topped out at 50 Pfennig or 1 Mark. The backing was nominal at best, the war already lost.
The cardboard substrate is characteristic of late-war German emergency issues, when paper stocks were being rationed as aggressively as everything else.