1936 German RM100 Government Bond
WWII Era Third Reich Finance

What You See Is What You Get

• (1x) ℛℳ 100 4½% Reich's debt bond, Second Series, issued Berlin 3 August 1936

The certificate is in VG+ circulated (used) condition as pictured. An excellent example of a government bond ('schatzanweisung') for 100 Reichsmarks from the Third Reich. Punch cancel. Lithographed by the State Printing Office in Berlin in a nazified Modernist style which superseded the Art Deco style of Weimar era certificates; watermarks present. Standard European A4 size paper. Clean, sharp and bright condition.

'Der Reichsbankschatz' - Authentic historical artifacts documenting turbulent times. The last remaining examples of these canceled certificates from the vaults of the former Reichsbank in Berlin were auctioned off by the German Federal Office for Central Services and Unresolved Property Issues (Bundesamt für zentrale Dienste und offene Vermögensfragen, BADV,) through Spink & Son of London in 2015. The BADV stated that the auction would be its final sale of pre 1945 German government bonds. These are the last of them.

Authentic historical artifacts documenting turbulent times. Appealing to scripophily collectors, historians, and educators alike, they're an interesting addition to Second World War and finance collections. Makes a nice gift for the Old Cold Warrior, student, teacher, or history buff in your life!

Shipped FLAT via USPS Ground Advantage, with tracking. YES! Will combine shipping - First lot ships at standard rate, all other lots in same order ship free (except where noted).

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Please see my other items for more Third Reich, Soviet and other historical curios.

Q: What am I buying, and why would I want it?

A: This callable 12 year bond from Nazi Germany was issued in 1936 for the amount of 100 Reichsmarks by the Reich Debt Administration (Reichsschuldenverwaltung, RSV). The 4½% interest was paid semiannually. In the last six years of their term lotteries were held in which number pairs between 00 and 99 were drawn. All bills from that year, of any series, ending in those numbers were redeemed.

The terms read, in part, "One sixth of the allocation of this series will be drawn in each of the years 1943 to 1948. The draws are made in such a way that in the years 1943, 1944, 1946 and 1947 there will be 17 each; in the years 1945 and 1948 16 each of the ending digit pairs between 00 and 99... All treasury bills from each series whose number has one of the pairs of digits drawn in the last two digits (tens and ones) are considered to have been drawn..."

The success of the 1936 remilitarization of the German Rhineland, and the temerity of Britain and France in the face of it, emboldened the Nazi regime. In that year Adolf Hitler launched the "Four Year Plan" to prepare the country for war. Hermann Göring was appointed its head. Large domestic spending programs in addition to military expansion were undertaken and the public debt rose accordingly. Bonds and treasury bills proliferated. This certificate marks the beginning of the Third Reich's first open steps on the road to war, and its ultimate destruction.

You will hold history in your hands.