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5 Mark

Issuer German Empire (Reichsschuldenverwaltung)
Year 1874
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Engraver(s) Gustav Eilers
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Obverse description Printed in blue and black with a red overprint, the obverse centres on an intaglio-engraved Coat of Arms of the German Empire set within an ornate frame with dense guilloche underprint work filling the field. Two classically rendered putti bearing a floral garland occupy the lower portion of the central vignette, while the upper register carries the title inscription REICHS-KASSEN-SCHEIN and the authorising law date. The lower field is occupied by an extensive anti-counterfeiting warning text in period Gothic typeface.
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Reverse lettering REICHS- KASSENSCHEIN FÜNF MARK FUENF MARK Fünf Mark 5 ausgefertigt
(Translation: Imperial Treasury Note. Five Mark. Five Mark. Five Mark. 5. Executed.)
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Comments

Pick 1 is the opening entry in the German federal paper money sequence, issued by the Reichsschuldenverwaltung — the Reich Debt Administration — rather than a central bank, since no unified German central bank yet existed. The Reichsbank would not be established until 1876. These notes were essentially short-term treasury obligations dressed as circulating currency, a stopgap instrument for a newly unified empire still assembling its financial architecture.

Gustav Eilers designed and engraved the plate himself, an unusual consolidation of roles. The Reichsdruckerei had only recently been reorganized as a state printing house following unification in 1871, and this series was among its earliest prestige commissions.

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