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50 Mark

Issuer Deutsche Notenbank
Year 1964
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Composition Paper
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Obverse lettering BANKNOTE FÜNFZIG 50 MARK DER DEUTSCHEN NOTENBANK DDR BERLIN 1964 50 FRIEDRICH ENGELS
(Translation: Banknote Fifty marks of the German Central Bank GDR Berlin 1964)
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Protection type Watermark
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Comments

The Deutsche Notenbank was the East German central bank from 1948 until its replacement by the Staatsbank der DDR in 1968. This 1964 issue came at a relatively stable point in the GDR's monetary history — post-Wall, post-currency chaos, before the late-sixties institutional reshuffling. The Staatsdruckerei der DDR handled all DDR banknote production in-house, a deliberate policy choice that kept the printing process entirely within state infrastructure.

A print run of just over twelve million is modest by Western standards but typical for a denomination that saw genuine circulation in a controlled economy with limited consumer purchasing options. Watermark-only security reflects the DDR's reliance on paper quality and controlled distribution rather than sophisticated anticounterfeiting technology.

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