A delightful example of this rarer type of emergency money banknote. Apart from one small dog ear crease it is near perfect and a great piece of numismatics history.
The word “Darlehnskassenschein”, when broken down, is in fact Loans Certificate of Deposit.
This small denomination banknote was issued in East Posen which was a district of Prussia. In the modern world the area is known as Poland.
These notes were issued by the German Armed Forces in the occupied countries to the east to take control of the banking after they had disassembled the internal banking structures of the countries they had occupied.
The note is one of the more highly sought after. Not only for its low denomination but for the fact that good examples such as this are at a collectors premium. As with all emergency money or notgeld as it is referred to, the lower the number of examples released the more value it has.
Here at Noteworthy Collectibles you can find an array of these rarer notes issued around this time in Rubels as well as Marks.
Darlehnskasse Posen Ost (Poland)
Darlehnskassenschein (certificates of deposit)
Value: One Rubel
Catalogue: Ro. 459 c
Grade: Extra Fine +
The province of Posen was situated within Prussia and was a part of the German Empire from 1871 up until 1918. After 1918 under the Treaty of Versailles, the area was returned to Second Polish republic.
German Chancellor Otto von Bismarck was a strong advocate for the increase of Germanisation policies and did so by strongly increasing police forces to ensure the adherence to the new ways.
Prussian provinces were split into many areas known as Kreise (English “circle”), these were similar areas to counties or districts. In the case of Posen, the district was split into two parts Posen West and Posen East. The entire region was originally divided into 16 larger areas and this was later further divided into the final 27 districts.
Given the number of countries to come and forcefully occupy the land area throughout history such as Germans and Russians the area was always in flux. Posen-West Prussia was further on ruled by Brandenburg under Nazi Oberpräsident Emil Stürtz until it was dissolved in 1938, when its territory was divided between the adjacent provinces of Silesia, Pomerania and Brandenburg.
At the end Posen was to become the capital of the Second Polish Republic.