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2 Mark 50 Pfennig - coupon d'intérêt

Issuer Reichsschuldenverwaltung (German Imperial Debt Administration)
Year 1924
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Size 96.5 × 43 mm
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Obverse lettering 5 proz. Anleihe des Deutschen Reichs von 1918 (uk. 24) Zinsschein Reihe I Nr.12 zur Schuldverschreibung Buchst. G Nr. 14634933 über 100 Mark. 2M.50 Pf. Halbjährige Zinsen zahlbar am 1. Juli 1924 mit Zwei Mark 50 Pf. Ungültig wenn eine Ecke abgeschnitten in Berlin, der 26. März 1918. Reichsschuldenverwaltung (Acht Unterschriften) Ungültig wenn eine Ecke abgeschnitten ist. Ungültig mit Ablauf des 31. Dezember 1928. Ungültig wenn eine Ecke abgeschnitten ist.
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Protection type Dry seal
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Comments

The Reichsschuldenverwaltung issued these fractional interest coupons as part of the post-inflation debt restructuring that followed the Rentenmark stabilization of late 1923. Germany's hyperinflationary collapse had rendered the old Imperial bond structure worthless; these coupons were attached to newly redenominated debt instruments and detached periodically to claim interest payments — functioning less like banknotes than like dividend warrants on restructured sovereign obligations.

The dry seal is the only anti-counterfeiting measure, which tells you something about who was expected to handle these: institutional bondholders and bank clerks, not the general public.

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