5% Treasury Ticket - Series II, 5,000 mkp
Series II was issued on April 1, 1921 for the sum of 5 billion mkp, then under the law of July 30, 1921, the size of the issue was increased to 15 billion mkp. The maturity date was February 1, 1922. The tickets bore interest at 5% per annum. Upon request, these tickets could be redeemed before the maturity date (at the daily value) and accepted on deposit by the Central State Treasury, Treasury Funds, Tax Offices and PKKP branches (without charging fees or commissions). The daily value table was placed on the reverse side of the ticket. The issue was time-barred after 10 years, i.e. on February 1, 1932. According to the last list of debts that distinguished the various series of treasury tickets (dated July 1, 1929), the unredeemed amount of tickets of this series was 22,425,000 mkp (0.15% of the total issue).
Only 4 pieces known on the collector's market.
An extremely rare treasury ticket, highly recommended!
