

This 1940 Reichskreditkasse 2 reichsmark note presents in UNC condition with crisp, sharp printing and no visible wear. The note features elaborate ornamental design work including rosette patterns, geometric borders, and fine cross-hatching throughout both sides. Its pristine condition and the intricate security printing make it an attractive example of wartime German emergency currency.
Common. Despite its historical significance, this note is abundant in the numismatic market. eBay sales data shows consistent trading in the $1-$10 range for circulated examples and up to $11.50 for UNC specimens in recent years, with PMG-graded examples commanding higher premiums ($21-$49) based on certification. The large print run of Reichskreditkasse emergency currency during the war years ensures ready availability. Catalog values from 2008 ($15 for UNC) align with observed market activity.
The Reichskreditkasse (Reich Credit Bank) issued this note during World War II as emergency currency to support the German war effort. The ornamental eagle emblem visible on the reverse reflects the Nazi regime's state symbolism, while the denomination and institutional branding underscore the financial mechanisms used to sustain the Third Reich's military operations during 1940, a pivotal year in the war.
The obverse features a large central numeral '2' framed by two symmetrical circular ornamental rosette or sunburst patterns in decorative frames. Stylized flag or cross symbols appear at top and bottom, with a banner ribbon across the upper portion. The reverse displays a large numeral '2' as the dominant central element with ornamental cross patterns in the corners and an eagle emblem (representing the German imperial/state seal) positioned in the lower left within a circular text border. Both sides employ extensive cross-hatching and fine line work for security purposes, with a consistent color palette of grey, black, and cream backgrounds. No portraits are depicted on this note type.
Front side: 'Reichsmark' (Reich Mark); '2' (denomination); banner text partially unclear in image. Back side: 'Zweimarkschein' (Two Mark Note); 'ausgegebenen auf Grund der Verordnung über Reichskreditkassen-Hauptverwaltung des Reichskreditkassen' (Issued on the basis of the regulation concerning the Reich Credit Bank Main Administration); Serial number 'D 00495517'; Denomination '2'.
Intaglio printing (engraved), which is evidenced by the fine cross-hatching patterns, detailed geometric borders, and sharp line work visible throughout both sides. The intricate ornamental details and security features are characteristic of intaglio production. The Reichskreditkasse notes from this period were typically produced by German state printing facilities; specific printer attribution would require additional documentation but likely involves the Reichsdruckerei or similar official facilities.
This specimen carries serial number D 00495517, a 7-digit serial as noted in catalog references. The 'D' prefix is significant for identifying the printing series. Known varieties for Pick R137 include different serial number prefixes and potential variations in the signature lines or text blocks, though the visual analysis does not reveal clear signature variations on this example. The embossed stamp mentioned in catalog data is consistent with Reichskreditkasse security procedures of the period.