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150 Mark Herzogliche Sparkasse

Issuer Herzoglich Braunschweigische Sparkasse
Year 1918
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Size 159 × 102 mm
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Reverse description Printed in blue-grey on the plain card reverse, the note carries a structured interest-rate table under the heading 'Zinsen auf 150 M Einlage', with columns for periods of one to twelve months calculated at 3%, 3½%, 3¾%, and 4% per annum. To the left, a ruled register panel headed 'Jahreszinsen sind gezahlt' provides space for recording annual interest payments with date, amount, and order number lines. A columnar extract of savings regulations in small Gothic text occupies the right margin, referencing the Herzogl. Leihhaus statutes of 10 June 1892. The note's top-right corner is cut away diagonally, indicating cancellation.
Reverse lettering Jahreszinsen sind gezahlt:
Zinsen auf 150 M Einlage
Zeitraum
3%
3½%
3¾%
4%
1 Monat
2
3
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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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