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20 Deutsche Mark
| Issuer | Deutsche Notenbank |
|---|---|
| Year | 1948 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANKNOTE ZWANZIG DEUTSCHE MARK VON DER DEUTSCHEN NOTENBANK AUF GRUND IHRER SATZUNG AUSGEGEBEN BERLIN 1948 (Translation: BANKNOTE / TWENTY DEUTSCHE MARK / ISSUED BY THE GERMAN NOTENBANK / BASED ON ITS STATUTES / BERLIN 1948) |
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| Reverse lettering | BANKNOTE ZWANZIG DEUTSCHE MARK WER BANKNOTEN NACHMACHT ODER VERFÄLSCHT ODER NACHGEMACHTE ODER VERFÄLSCHTE SICH VERSCHAFFT UND IN VERKEHR BRINGT, WIRD LAUT GESETZ BESTRAFT (Translation: TWENTY / DEUTSCHE MARK / WHOSOEVER COUNTERFEITS OR FALSIFIES BANKNOTES OR ACQUIRES AND CIRCULATES COUNTERFEITED OR FALSIFIED ONES WILL BE PUNISHED ACCORDING TO LAW) |
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| Comments |
The Deutsche Notenbank was the central bank of the Soviet occupation zone, and this 1948 issue was part of the currency reform that split German monetary systems in two — the Western zones introduced the Deutsche Mark through the Bank deutscher Länder, while the Soviets responded with their own parallel reform days later. This note circulated in what would become the GDR, predating the formal establishment of East Germany by a year.
With just over 12 million printed, the run was modest. Many notes were withdrawn relatively quickly as the East German monetary apparatus consolidated through the 1950s.