WITH SS WAFFEN GRENADIER – SS PANZER DIVISION AND SS OFFICIAL FIELD STAMPS
The note has some small creases but there are no tears apart from missing a small corner on the upper left of the obverse. There are no pin holes and overall it is in remarkable condition for its times.
In short this is a rare and highly desirable German banknote and it was the by product of one of Germanys more interesting financial twists.
The Reichskreditkassen or Reich Credit Offices were set up as mobile banks that followed occupation forces into new areas and establishing a working a banking infrastructure when the existing banks in the newly occupied territory had been removed.
The note is valued at 20 Mark. The rarity of it lies in the field stamps that are stamped on both sides of the note.
We see on the obverse that it bears the official stamps of the 12th SS Panzer Division Hitlerjugend or “Hitler Youth” and the 25th Waffen Grenadier Division of the SS Hunyadi repleat with Eagle and swastika.
On the reverse it has the the official stamp of the SS or Schutzstaffel which translates to “Protective Squadron”.
Two Hungarian divisions were formed which were the 25th Waffen Grenadier Division of the SS Hunyadi or 1st Hungarian and the 26th Waffen Grenadier Division of the SS or 2nd Hungarian. They were mainly involved in fighting in Austria, Italy and Slovenia. These Grenadiers Divisions consisted mainly of Hungarian and Rumanian volunteers.
The 12th SS Panzer Division Hitlerjugend (“Hitler Youth”) was a German Waffen-SS armored division during World War II. The 12th SS Panzer Division was unique as they employed the use junior enlisted men who were specially selected from members of the Hitler Youth or Hitlerjugend. Their commanding officers and NCO’s were in the main combat hardened veterans of the Eastern Front.
The note is very unusual in bearing the original SS field stamp on the reverse as this is not at all common hence the collectors price tag.