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150 Mark Bond

Issuer Hauptverwaltung der Staatsschulden (Prussian State Debt Administration)
Year 1914
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Size 112 x 43 mm
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Obverse description Coupon printed in red-brown and olive on cream paper with an ornate guilloche underprint. A central circular vignette bears the Prussian eagle seal, flanked by large numeral denominators and decorative scroll borders. Black letterpress text states the bond series, serial number, and payment terms, with multiple facsimile signatures along the lower margin.
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Reverse description Plain unprinted paper reverse showing through-bleed of obverse text and a centrally embossed dry seal bearing the Prussian eagle within a dotted circular border, applied as an authentication stamp.
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Comments

Issued at the outbreak of the First World War, this 150 Mark bond was part of Prussia's initial war-financing apparatus — a mechanism for converting public savings directly into military expenditure before the full weight of the imperial loan system came online. The Hauptverwaltung der Staatsschulden had administered Prussian state debt since the Napoleonic era, and by 1914 it was one of the oldest continuously operating debt agencies in Europe.

The unusually narrow format was a deliberate printing economy. The embossed seal, applied after printing, was the primary authenticity control for low-denomination state paper of this class.

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