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150 Mark Herzogliche Sparkasse

Issuer Herzoglich Braunschweigische Sparkasse
Year 1918
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Value 150 Marks
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Obverse description Printed in red-brown on cream card stock with a fine lozenge-pattern underprint border framing the entire note. The issuer's name 'Herzoglich Braunschweigische Sparkasse' appears in large Gothic script at the top, with the denomination '150 M.' in bold red numerals at upper left and right within rectangular cartouches. A central text block in letterpress identifies the instrument as a 'Spareinlage über einhundertfünfzig Mark', the denomination also written out in full in a bordered panel. Series, order number, and date fields appear in the lower portion, accompanied by two manuscript signatures — one to the left and one designated 'Der Sparpfleger' to the right — along with an oval official stamp and a blue overprint reading 'Unverzinsliches Kriegsnotgeld', dated Braunschweig, 1. November 1918.
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Reverse lettering Jahreszinsen sind gezahlt:
Zinsen auf 150 M Einlage
Zeitraum
3%
3½%
3¾%
4%
1 Monat
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Comments

The Herzoglich Braunschweigische Sparkasse — the ducal savings bank of Brunswick — issued this 150 Mark note in 1918 as an emergency financial measure in the final year of the First World War. The denomination itself is telling: 150 Mark sits awkwardly between standard values, suggesting it was calibrated to address a specific local shortage of circulating currency rather than slotted into any rational denomination scheme.

The cardboard substrate was a wartime necessity. By 1918, quality paper stocks in Germany were severely depleted, and regional issuers made do with whatever printable material was available.

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