カタログ
| 表面の説明 | The obverse is a treasury obligation note with elaborate guilloche borders and corner rosettes carrying the numeral '50'. The central text area bears the heading 'EESTI WABARIIGI 5% WÕLAKOHUSTUS' with serial number below, followed by the payment clause text in Estonian. Three signature lines are present for Pääminister, Rahaminister, and Riigikassa ülem, with multilingual side panels in Estonian, French, and German stating the note's terms. |
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| 表面の銘文 | ログイン して詳細を見る |
| 裏面の説明 | ログイン して詳細を見る |
| 裏面の銘文 | 50 50 |
| 署名 | ログイン して詳細を見る |
| 偽造防止技術 | ログイン して詳細を見る |
| 偽造防止の説明 | ログイン して詳細を見る |
| バリエーション | ログイン して詳細を見る |
| コメント |
Estonia's Treasury issued this note in 1919, during the Independence War against both Soviet Russian and German Baltic forces — a conflict the newly declared republic was fighting on two fronts simultaneously. The financial infrastructure was improvised under pressure. Estonia had no central bank yet; the Treasury itself was issuing currency because the Bank of Estonia would not be established until 1919's end.
The marka was pegged loosely to the Finnish markka at first, a practical inheritance from the currency confusion following the collapse of the Russian imperial ruble system. Pick #25 belongs to the earliest stratum of independent Estonian paper money, printed domestically under genuinely austere wartime conditions.