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| Issuer | Reichsschuldenverwaltung (German Reich Debt Administration) |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | 200 Mark |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Anleihe des Deutschen Reichs von 1922. Zinsschein Reihe I Nr. 6 zur Schuldverschreibung Buchst. D Nr. 841 915 über 10 000 Mark. 200 M. Halbjährige Zinsen zahlbar am 1. November 1928 mit Zweihundert Mark. Ungültig, wenn eine Ecke abgeschnitten ist. Berlin, den 1. August 1922. Reichsschuldenverwaltung 1.11.28 Ungültig, wenn eine Ecke abgeschnitten ist. Ungültig mit Ablauf des 31. Dezember 1932. |
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| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Embossed seal |
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| Comments |
The Reichsschuldenverwaltung was the body responsible for managing Germany's domestic debt obligations, and by 1922 that task had become almost farcical. Inflation was accelerating toward its hyperinflationary peak of 1923, meaning a 200 Mark bond issued that year was losing real value faster than the ink could dry. These instruments were not banknotes in the transactional sense — they were fixed-income debt certificates, issued to finance Reich obligations while the currency they were denominated in collapsed beneath them.
The embossed seal was the primary authentication device, a low-cost security measure typical of domestic bond instruments when engraved printing was reserved for currency proper.