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5 Rentenmark Rentenbank
| Issuer | Deutsche Rentenbank |
|---|---|
| Year | 1926 |
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| Printer | Reichsdruckerei |
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| Obverse description | The obverse is printed in green and brown tones on a fine guilloche underprint, with the large blackletter denomination legend "Fünf Rentenmark" occupying the left half of the note beneath the issuer title "Rentenbankschein". To the right, a central intaglio vignette presents a half-length portrait of a young peasant woman holding a sheaf of wheat, framed within an ornate border with a decorative foliate cartouche at the foot enclosing the numeral "5". The date "Berlin, den 2. Januar 1926", issuer name "Deutsche Rentenbank", legal authority text, and multiple manuscript signatures of the Verwaltungsrat und Vorstand appear in the lower portion, with the serial number printed in red at top left and bottom right. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is printed in shades of brown and rose-red on an intricate multicolour guilloche background composed of symmetrical rosette patterns. At centre, a circular medallion encloses a bold intaglio vignette of a bound sheaf of grain, symbolic of the agricultural mortgage backing of the Rentenmark. The issuer name "Deutsche Rentenbank" appears in blackletter script at the top, the denomination "Fünf Rentenmark" at the lower centre, and the numeral "5" repeated in each corner; a counterfeit warning in Gothic script runs along the bottom margin. |
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| Comments |
The Rentenmark itself was a monetary improvisation — backed not by gold but by a mortgage on all German agricultural and industrial land, a fiction convincing enough to halt the catastrophic hyperinflation of 1923. The Rentenbank was always meant to be temporary, a bridge institution, yet it continued issuing notes well into the late 1920s as confidence in the parallel Reichsmark stabilized only gradually.
By 1926 the acute crisis was over, so most of this series saw routine commercial use rather than the panicked hoarding that marked earlier issues. The Reichsdruckerei had by then standardized its intaglio and letterpress processes, and paper quality on these mid-decade notes is generally consistent — unlike the chaotic emergency printings of 1923, where substrate and ink varied wildly between runs.