A common note was found in an uncommon place in Reading, England. -Editor
This has to be one of the most bizarre discoveries made in Reading this year.
Amateur photographer Callum Cromwell said he was walking through Sycamore Road in Whitley when he found the note lying in a bush.
The note is for 10,000 German marks, and comes from a particularly bleak period in Germany's interwar past.
The note was issued by the Reichsbank, the German national bank of the time, in February 1922, during a period of hyper inflation of the German
currency.
The inflation of German currency was partly down to the huge war reparation costs imposed on the nation by the Treaty of Versailles, which forced the
country into even deeper debt.
The German website Sammler says that by the end of 1923, wages were paid in wheelbaskets full of worthless notes.
Unfortunately for Mr Cromwell, of Reading, Berkshire, the bank note cannot be cashed in for euros.
But what of the man featured on the note itself?
It's actually a piece of art by one of Germany's most famous painters.
The picture is the Portrait of a Young Man, by artist Albrecht Durer, who lived during the Renaissance period.
This is quite a common note - I had one of these as a young collector, probably acquired as part of some promotion. I've forgotten where it ended up. I
doubt this piece was outdoors for decades - it was probably lost or discarded fairly recently. -Editor
To read the complete article, see:
The story behind the unusual banknote found in a
hedge in Whitley (https://www.getreading.co.uk/news/berkshire-history/story-behind-unusual-banknote-found-16764670)
The note is great for promotions because it's also known as "The Vampire Note". Turn it 90 degrees counterclockwise and place your left thumb
over the man's face. Then the man's neck looks like a sucking vampire. Here's the story from a page on the BanknoteDen.com site. -Editor
The German economy was quickly going into a downward spiral with no foreseeable way out. As the treaty was signed in Versailles, there was considerable
blame laid upon the French for the economic drain placed on Germany. They felt as is they were being bled dry through the reparations. This banknote depicts
this feeling of the German people well. This note depicts the anti French sentiment held by most Germans at the time.
Although Durer’s painting “Portrait of a young man” was chosen to be on the banknote, this painting was slightly altered by the engraver at the
Reichsdruckeri, who had altered the banknote in the neck of the portrait to depict a rather gothic looking vampire, representing France, which is sucking the
life blood out of the throat of Germany through reparations for World War I. It takes a bit of imagination, and a ninety-degree turn of the banknote to the
left, to see the hooded vampire, but once spotted, it is readily noticeable from then on. There were three variations of the note yet the altered design of
Durer’s portrait was not corrected, showing obvious anti French sentiment held by the Reichsbank at the time.
To read the complete article, see:
(http://www.banknoteden.com/Germany.html)
Wayne Homren, Editor
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