50 Mark 1918 — Estonia ( Pick: 7 )

Region: Europe

Period: 5% Short-Term Obligations (1918–1919)

Series: 50 Mark (1918–1919)

Print series

B

Front side

Banknote description

5% Obligations – 50 Mark Series B, one-sided

Specifications

Pick catalog: 7

About this banknote

The 50 Mark banknote was issued by the Provisional Government of Estonia in 1918. This series, known as the 5% Short-Term Obligations, was introduced during the early years of Estonian independence to establish a national currency amidst political changes. These obligations served both as currency and as a financial instrument.

The banknote features a uniface design, printed only on one side, with inscriptions delineating the denomination and issuing authority in multiple languages. This specific note, catalogued as Pick number 7, was uniquely intended for short-term transactions and financial stabilization. These obligations carried a 5% interest to encourage public investment.