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500 Marka
| Issuer | Eesti Wabariigi (Republic of Estonia Treasury) |
|---|---|
| Year | 1920 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | EESTI WABARIIGI 5% WÕLAKOHUSTUS Tähtpäev 1 jaanuaril 1920. Mk. 500.— N° 23663 Selle ettenäitajale maksetakse 1 jaanuaril 1920. Eesti Wabariigi kassast Wiissada marka. EESTI AJUTISE WALITSUSE NIMEL: Rahaminitser Riigikassa ülem. 500 |
| Reverse description | Uniface green guilloche reverse with a symmetrical geometric underprint pattern composed of fine lathe-work across the entire surface. Two large oval vignettes, each enclosing the numeral 500 in bold figures, are positioned left and right of center, flanking a central rosette medallion with radiating engine-turned lines. Corner rosettes and an intricate interlocking border complete the design. |
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| Comments |
Estonia's Treasury, not a central bank, issued this note — the Eesti Pank wouldn't open until 1920, and even then the transition of note-issuing authority was gradual. The marka itself was a provisional currency, inherited from the German occupation and repurposed for the new republic while longer-term monetary planning was still underway.
By 1928 the marka had been replaced by the kroon at a rate of 100:1, and large-denomination marka notes like this 500 were redeemed in bulk. Survivors in any condition are proportionally fewer than the lower values.