50 Mark Reichsbanknote

Obverse © nordboutik59 – Reverse © Jérémy Pureur

Features

Issuer	Germany (1871-1948)
Issuing bank	Reichsbank
Period	Weimar Republic (1918-1933)
Type	Standard circulation banknotes
Year	1919
Value	50 Mark
Currency	Mark (1873-1923)
Composition	Paper
Size	153 × 102 mm
Shape	Rectangular
Demonetized	5 June 1925
Number	N# 202186
References	P# 66 Standard Catalog of World Paper Money (10 volumes).

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Obverse

Allegorical ideal woman

Script: Latin (Fraktur blackletter)

Lettering:
Reihe 4
Reichsbanknote
Fünfzig
Mark
zahl die Reichbankhaupt-
kasse in Berlin gegen diese
Banknote der Einlieferer
Berlin, den 24. Juni 1919
Reichsbankdirektorium
50

Lettering (regular font):
Reihe 4
Reichsbanknote
Fünfzig
Mark
zahl die Reichbankhaupt-
kasse in Berlin gegen diese
Banknote der Einlieferer
Berlin, den 24. Juni 1919
Reichsbankdirektorium
50

Translation:
Series 4
Reichs' banknote
Fifty marks
pays the Reichsbank main cash desk in Berlin for this banknote to the consignor.
Berlin, June 24, 1919
Reichsbank Directorate

Reverse

Floral Designs

Script: Latin (Fraktur blackletter)

Lettering:
R B D
50　50
Wer Banknoten nachmacht oder verfälſcht,
oder nachgemachte oder verfälſchte ſich verſchafft
und in Verkehr bringt, wird mit Zuchthaus
nicht unter zwei Jahren beſtraft.
R B D

Lettering (regular font):
R B D
50　50
Wer Banknoten nachmacht oder verfälscht,
oder nachgemachte oder verfälschte sich verschafft
und in Verkehr bringt, wird mit Zuchthaus
nicht unter zwei Jahren bestraft.
R B D

Translation:
Reichsbank Directorate
Whosoever copies or falsifies banknotes or acquires and puts copied or falsified banknotes into circulation will be punished with no less than two years of prison time.
Reichsbank Directorate

Signatures

Rudolf Havenstein (RH)	President
Otto von Glasenapp (OG)	Director
Oskar Schmiedicke (OS)	Director
Korn (K)	Director
Erich Maron (EM)	Director
Karl von Lumm (KL)	Director
Karl von Grimm (KG)	Director
Carl Kauffmann (CK)	Director
Paul Schneider (PS)	Director
Arnold Budczies (AB)	Director

Printers

Bundesdruckerei (Reichsdruckerei), Berlin, Germany (1879-date)
Österreichische Staatsdruckerei, Vienna, Austria
Otto Elsner Buchdruckerei und Verlagsbuchhandlung, Berlin, Germany (1871-2003)
W.(ilhelm) Büxenstein, Berlin, Germany (1851-1923)

Comments

Also known as »Wiener« (Viennese), as some of them were printed in Vienna.

Produced using a process invented by the Austro-Hungarian Bank that simulates intaglio printing.

Possible series ("Reihe"), small letter and LARGE Letter combinations:

Reihe 1:
a small letter: Large Letter A to U, AA to AU, BA to BU, CA to CU, DA to DU, EA to EU, FA to FU, IM to IU, KA to KU, LA to LU, MA to MU, NA to NU, OA and OU only, PA to PU, QA to QU, RA to RU, SA to SU, TA to TU, UA to UU, AAA to AAU, ABA to ABU, ACA to ACU, ADA to ADU, AEA to AEU, and AQA only

c small letter: Large Letter FJ to FU, and GA only

d small letter: Large Letter GB to GP only

k small letter: Large Letter IM to IS only

Reihe 2:
b small letter: Large Letter A to U, AA to AU, BA to BU

Reihe 3:
b small letter: Large Letter A to U, AA to AU, BA to BU, CA to CK

Reihe 4:
e small letter: Large Letter GR to GU, HA to HC
f small letter: Large Letter HD to HK
g small letter: Large Letter HL to HR (Pictured above)
h small letter: Large Letter HS to HU, IA to ID
i small letter: Large Letter IE to IL

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Date	Signatures	G	VG	F	VF	XF	AU	UNC		Frequency
Undetermined
1919-Jun-24	RH, OG, OS, K, EM, KL, KG, CK, PS, AB	$ 0.93	$ 1.60	$ 1.60	$ 1.90	$ 2.30	$ 4.10	$ 6.70	Reihe 1; Reichsdruckerei, Berlin	81%
1919-Jun-24	RH, OG, OS, K, EM, KL, KG, CK, PS, AB	$ 0.58	$ 2.00	$ 2.00	$ 2.00	$ 3.00			Reihe 2; Östereichische Staatsdruckerei, Vienna (Austria)	14%
1919-Jun-24	RH, OG, OS, K, EM, KL, KG, CK, PS, AB	$ 0.30	$ 1.20	$ 1.20	$ 1.60	$ 1.90	$ 2.60		Reihe 3; W. Büxenstein, Berlin	15%
1919-Jun-24	RH, OG, OS, K, EM, KL, KG, CK, PS, AB		$ 1.20	$ 1.20	$ 1.70				Reihe 4; Otto Elsner, Berlin	10%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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Examples of the type

Picture 1 of the example of 50 Mark (Reichsbanknote)

Picture 2 of the example of 50 Mark (Reichsbanknote)

Katz Auction 183 Lot 1131

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Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Katz Auction 185 Lot 1561	24 Feb 2026	Undetermined	UNC	USD 6.97 (EUR 6.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 183 Lot 1131	4 Feb 2026	Undetermined	UNC	USD 10.45 (EUR 9.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 170 Lot 1940	23 Sep 2025	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 132 Lot 2227	17 Jul 2024	Undetermined	UNC	USD 8.13 (EUR 7.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 132 Lot 2224	17 Jul 2024	Undetermined	UNC	USD 6.97 (EUR 6.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 97 Lot 847	7 Oct 2023	Undetermined	UNC	USD 5.80 (EUR 5.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 62 Lot 2028	21 Jun 2022	Undetermined	UNC	USD 9.29 (EUR 8.00) (+ buyer's premium) The lot includes several items.
© Katz Coins Notes & Supplies Corp.
	Katz Auction 164 Lot 721	1 Aug 2025	Undetermined	AU	USD 17.41 (EUR 15.00) (+ buyer's premium) The lot includes several items.
© Katz Coins Notes & Supplies Corp.
	Katz Auction 151 Lot 1713	25 Feb 2025	Undetermined	AU	USD 12.77 (EUR 11.00) (+ buyer's premium) The lot includes several items.
© Katz Coins Notes & Supplies Corp.
	Katz Auction 149 Lot 6053	8 Feb 2025	Undetermined	AU	USD 30.19 (EUR 26.00) (+ buyer's premium) The lot includes several items.
© Katz Coins Notes & Supplies Corp.