We have looked at French ‘invasion currency’ notes on this blog before, but tonight we are turning to one of the notes issued by the occupying authorities in Germany following its invasion in 1945. This note is of a similar size and style to those issued in France, but in German and for Deutschmarks rather than Francs. Here we have a note for 1 Mark:Other notes covered denominations of ½, 5, 10, 20, 50, 100 and 1000 Marks. The rear of the notes has a large ‘M’ in a complicated pattern to deter forgeries:These notes were printed in both the US from September 1944 to June 1948 and the USSR during approximately the same period. The US notes have a hidden ‘F’ mark to indicate the country of printing. 532,000,000 German notes were printed by The Forbes Lithograph Manufacturing Company in the US in the various denominations. The first digits of the notes serial numbers indicate which occupation zone they were intended for (‘1’ for the US, ‘0’ for British, ‘00’ for the French) although of course these notes got all muddled up with use, along with those manufactured in the Soviet Union. Whilst the Western Allies kept a tight lid on the number of notes they issued, the Soviets were more indiscriminate with the inevitable result that the influx of currency fuelled inflation.
A directive to allied troops in 1945 read “US forces and other Allied forces will use Allied Military marks and Reichsmark currency or coins in their possession. AM marks and Reichsmak currency and coin now in circulation will be legal tender without distinction and be interchangeable at the rate of one AM mark for one Reichsmark. German military currency and Reichkreditkassenscheine will not be legal tender in Germany.”
For a fascinating account of the difficulties faced in Germany in the immediate post war era due to currency please take a look at this article here.