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5 Reichsmark Konversionskasse

Uitgever
Jaar 1934
Type Log in om details te zien
Waarde 5 Marks (5 RM)
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde Schuldschein der Konversionskasse für
deutsche Auslandsschulden zu Berlin, aus
gegeben auf Grund des § 4 ihrer Satzung.

Fünf Reichsmark
schuldet die Konversionskasse für deutsche Auslandsschulden dem Inhaber
dieses Schuldscheins. Die Einlösung erfolgt nach § 4
der Satzung der Konversionskasse.
Berlin, den 28 August 1933
Konversionskasse für deutsche Auslandsschulden
(Translation: Promissory note from the Conversion Fund for
German Foreign Debts in Berlin
issued on the basis of § 4 of their statutes.

Five Reichsmarks
owed by the Conversion Fund for German Foreign Debts to the owner
of this promissory note. Redemption is executed according to § 4
of the statutes of the Conversion Fund.
Berlin, August 28, 1933
Conversion Fund for German Foreign Debts)
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Die Konversionskasse für deutsche Auslandsschulden ist
durch § 2 des Gesetzes über Zahlungsverbindlichkeiten
gegenüber dem Ausland vom 9. Juni 1933 gegründet.
§ 4 ihrer Satzung lautet:
„Die Kasse darf über die bei ihr eingezahlten Beträge
auf Reichsmark lautende unverzinsliche Schuld-
scheine ausstellen. Die Bestimmungen über die
Einlösung der Schuldscheine trifft die Reichsbank“.
(Translation: The Conversion Fund for German Foreign Debts is
established by § 2 of the Law on Payment Liabilities
Established Abroad on June 9, 1933.
§ 4 of the statute reads:
„The Fund may use the funds deposited with it
to issue interest-free promissory notes denominated in Reichsmarks. Provisions
for the redemption of promissory notes is the responsibility of the Reichsbank“.)
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten Log in om details te zien
Opmerkingen

The Konversionskasse notes — Konversionskasse für deutsche Auslandsschulden, to give the full name — were not conventional banknotes but instruments of exchange control, issued specifically to service Germany's foreign debt obligations after the Reich unilaterally suspended cash transfers abroad in 1934. Foreign creditors holding German bonds could receive these instead of hard currency. They traded on secondary markets, generally at a steep discount to face value, and were accepted for certain purchases in Germany — a mechanism that effectively forced creditors to spend their claims within the German economy rather than repatriate funds.

The Reichsbank managed the scheme, but the Konversionskasse itself was a separate entity created precisely to keep this debt quarantine off the main balance sheet.

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