1.000 Marka

Estonia's first central bank, Eesti Pank, was established in 1919 and spent its early years navigating severe currency instability inherited from the collapse of Tsarist and German occupation monetary systems. The marka series was always intended as transitional — Estonia would replace it with the kroon in 1928, at a conversion rate of 100 marka to 1 kroon.

The American Bank Note Company supplied the intaglio-printed sheets, though the catalog notation that printing occurred in Estonia likely refers to local overprinting or completion work rather than full production at an ABNC New York facility. ABNC was handling similar commissions for several newly independent states in this period, often splitting production across both locations.