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50 Rentenmark Rentenbank
| Issuer | Deutsche Rentenbank |
|---|---|
| Year | 1925 |
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| Composition | Log in to see details |
| Size | 155 × 85 mm |
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| Obverse description | The left portion of the note carries the denomination «Fünfzig Rentenmark» in bold Gothic blackletter script over a finely engraved guilloche underprint with repeated numeral «50» micropattern in green and pink. To the right, an intaglio vignette presents a bust-length portrait of a male farm worker in three-quarter profile, wearing a wide-brimmed hat and work clothes, set within a decorative framed panel. The issuer inscription «Deutsche Rentenbank — Verwaltungsrat und Vorstand» appears below the denomination text, accompanied by multiple printed facsimile signatures, the place and date «Berlin, den 20. März 1925», and the serial number in red at upper left and lower right. |
|---|---|
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| Protection type | Watermark |
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| Comments |
The Rentenbank was a private institution — not a state bank — created in November 1923 as a legal fiction to sidestep the Weimar constitution's prohibition on direct money printing. Its currency, backed notionally by a mortgage lien on all German agricultural and industrial land, was the instrument that actually broke the hyperinflation. By the time this 1925 series was printed, the crisis was over and the Rentenmark was being phased toward the Reichsmark, making these later high-denomination notes somewhat transitional in character.
The 50 Rentenmark was a large-value note rarely handled by ordinary wage earners. Reichsdruckerei production was technically consistent, but known examples from this series occasionally show uneven ink coverage in the guilloche backgrounds — a minor but recurring quality issue worth examining under oblique light.