Ro718

GERMANY - Steuergutscheine

Value

500 Reichsmark

Issued by

Reichsminister der Finanzen

Date

24.03.1939

Printer

Reichsdruckerei, Berlin

Purpose

According to the Finance Program of 20.03.1939, "Steuergutscheine" (Tax Vouchers) were introduced to cover the increasing government expenses (especially for the military armament and buildup), with which the Reich, Länder and municipalities, the Reichsbahn and Reichspost, the Reichsautobahn Company and other companies approved by the Ministry of Finances could settle payments for deliveries and services received by private companies up to 40% (of which one half was payable in Steuergutscheinen I and the other half in Steuergutscheinen II).
The Steuergutscheine could be used for general business operations, too, assuming thus the status of a legal tender.
The month and year in which the Steuergutschein could be redeemed were entered by hand or by handstamp.
All Steuergutscheine have the embossed seal of the Ministry of Finances (Reichsfinanzministerium) at lower left. The right side was reserved for the authority or company which settled the payment. The stamp of the Ministry of Finances sometimes appears at the right side, too, thus when the Ministry was paying itself directly with Steuergutscheinen.

Steuergutscheine I:
These were redeemable earliest half a year after acceptance at all governmental cash offices and custom offices. The month of beginning validity was entered by hand or by handstamp.
Steuergutschene I had the function of money and bore no interests, and circulated until the end of the war. When used for the purchase of Treasury Bonds of the German Reich, they were accepted at 102% of the face value.
At the beginning Steuergutscheine I were stamped by the authority or company which settled the payment. This practice ceased after 01.07.1939, as the bills began to circulate as normal money.   

Steuergutscheine II:
Contrary to the Steuergutscheine I, these had interests of 4% p.a. and were quoted on the stock market. They were redeemable earliest 36 months after acceptance, and at a rate of 112% of their nominal value, at all governmental cash offices and custom offices. The month of beginning validity was entered by hand or by handstamp.
Steuergutscheine II were thus a kind of debt securities of the German Reich with the charactger of a means of payment.
Due to their interest yield, most of the Steuergutscheine II were redeemed, and are quite rarely found today.


Arms

 
Ro718c

"einlösbar ab dem Monat" (redeemable from the month) - Februar 1940
with stamp at lower right


Ro718l

"einlösbar ab dem Monat" (redeemable from the month) - Mai 1940
without stamp at lower right


Ro718a

"einlösbar ab dem Monat" (redeemable from the month) - Dezember 1939
with stamp at lower right


Ro718b

"einlösbar ab dem Monat" (redeemable from the month) - Januar 1940
with stamp at lower right


Ro718d

"einlösbar ab dem Monat" (redeemable from the month) - März 1940
with stamp at lower right


Ro718e

"einlösbar ab dem Monat" (redeemable from the month) - April 1940
with stamp at lower right


Ro718f

"einlösbar ab dem Monat" (redeemable from the month) - Mai 1940
with stamp at lower right


Ro718g

"einlösbar ab dem Monat" (redeemable from the month) - Dezember 1940
without stamp at lower right


Ro718h

"einlösbar ab dem Monat" (redeemable from the month) - Januar 1940
without stamp at lower right


Ro718i

"einlösbar ab dem Monat" (redeemable from the month) - Februar 1940
without stamp at lower right


Ro718j

"einlösbar ab dem Monat" (redeemable from the month) - März 1940
without stamp at lower right


Ro718k

"einlösbar ab dem Monat" (redeemable from the month) - April 1940
without stamp at lower right


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