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20 Mark

Issuer Distrikts-Sparkassa Traunstein
Year 1918
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Value 20 Mark
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Reverse description Plain cream paper with an all-over geometric wave guilloche underprint in grey. At centre, a horizontal composite vignette in dark grey comprises three interlocking lathe-work rosettes with fine engine-turned line work, flanking a central rectangular panel bearing the denomination "Zwanzig Mark" in Gothic blackletter. The outer border is filled with a repeating pattern of "20 M" denomination counters arranged in rows on all four sides.
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Protection type Guilloche underprint
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Comments

Distrikts-Sparkassa Traunstein issued this 20 Mark note in 1918 as Notgeld — emergency money printed at the local level when the imperial monetary system was buckling under war strain and Reichsbank notes became increasingly hoarded. District savings banks across Bavaria stepped in to keep small transactions moving, and Traunstein was among dozens of such issuers producing their own paper that year.

The guilloche underprint was the press's primary deterrent against counterfeiting — modest by central bank standards, but adequate for a note that was never expected to circulate beyond a few rural Bavarian parishes.

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