Issuer    Germany (1871-1948)  Issuing entity    Reichsschuldenverwaltung Emperor    William II (1888-1918) Type    Standard circulation banknotes Year    1914 Value    50 Mark Currency    Mark (1873-1923) Composition    Paper Size    150 × 100 mm Shape    Rectangular

Obverse Lettering: Darlehenskassenschein Funfzig Mark Berlin, den 5. August 1914. Reichschuldenwervaltung

Reverse Lettering: Darlehenskassenschein Funfzig Mark 50

Comments „Darlehenskassenscheine“ were banknotes issued between 1914 and 1922 by the Reichsschuldenverwaltung (Reich debt administration). They were in use until the hyperinflation in 1923. These banknotes were not legal tender, however they had to be accepted by all public treasuries. Their value was guaranteed by loans on industrial and agricultural goods. Even without the status as legal tender Darlehenskassenscheine were a de facto currency widely used as a parallel currency to the Goldmark during WWI and the beginning of the Weimar Republic.