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50 Mark Reichskassenschein

Issuer Reichsschuldenverwaltung (Reich Debt Administration)
Year 1899
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Value 50 Mark
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Reverse description The reverse is dominated by a large, intricately engraved Imperial German eagle with spread wings, bearing the quartered Hohenzollern shield on its breast and surrounded by an oak-leaf wreath, occupying the right half of the note. To the left, the denomination 'Fünfzig Mark' is rendered in large Gothic blackletter script, with a red ornamental seal bearing a small imperial eagle and the numeral '50' beneath. A serial number in red appears at upper right and lower center.
Reverse lettering Reichskassenschein Fünfzig Mark 50
Wer Reichskassenscheine nachmacht oder verfälscht oder nachgemachte oder verfälschte in Verkehr bringt, wird mit Zuchthaus nicht unter zwei Jahren bestraft.
A·Nr 0030844
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The Reichskassenschein — literally "Reich cash note" — was a state treasury instrument issued directly by the Reichsschuldenverwaltung rather than through the Reichsbank, a structural distinction that mattered enormously to contemporaries worried about inflationary bank-note expansion. These notes circulated alongside Reichsbank issues but carried different legal underpinnings, backed by the imperial treasury rather than by the bank's commercial discount operations.

The 1899 series predates the Wilhelmine-era monetary anxieties that would later reshape German currency policy after 1907. Surviving examples in any condition are outnumbered by the lower denominations — the 50 Mark face value limited everyday use, and many were held rather than spent.

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