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5 Mark

Issuer City of Dresden (Der Rat zu Dresden / Die Stadthaupt­kasse)
Year 1918
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Printer Buchdruckerei der Dr. Güntz'schen Stiftung, Dresden, Germany
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Reverse description Printed in brick-red and brown on a pale grey paper with a large watermark-style numeral '5' repeated at left and right as underprint, flanked by two circular coat-of-arms vignettes. A two-line counterfeiting-penalty warning in Fraktur runs across the top. The series letter 'Serie L' appears in red Roman type above the denomination 'Fünf Mark' in Gothic script, and the serial number is printed below in red. The expiry notice 'Dieser Schein verliert seine Gültigkeit am 31. Dezember 1918' is set in italicised Fraktur at foot centre, with the printer's imprint in small type at the very bottom.
Reverse lettering Wer Gutscheine nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Zuchthaus nicht unter zwei Jahren bestraft
Serie L
Fünf Mark
Dieser Schein verliert seine Gültigkeit am 31. Dezember 1918
Buchdruckerei der Dr. Güntz'schen Stiftung
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Comments

Dresden's municipal administration began issuing Kleingeldscheine in 1916 as the wartime coin shortage strangled everyday retail transactions. By 1918, the city's Stadthauptkasse was authorizing notes at denominations substantial enough — five Mark being the upper practical limit for municipal emergency paper — that acceptance outside Dresden was never guaranteed. Legally, these were obligations of the city itself, not the Reichsbank, and redemption depended entirely on municipal solvency.

The Güntz'sche Stiftung press was a Dresden institution, a charitable printing foundation whose commercial contracts subsidized its philanthropic work. Using a local printer was both logistically sensible and politically legible to the population being asked to trust the paper.

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