2 reichsmark 1940

Common. While this is a regional note from a specific issuing authority (Reichskreditkasse) in 1940, the denomination and issue type are widely available to collectors. eBay auction data spanning from 2010 to 2025 shows consistent sales activity with numerous PMG-graded examples regularly appearing on the market. PMG 67 examples have sold in the $30-31 price range in recent auctions (January 2024 and January 2025), indicating healthy market liquidity and readily available supply. The note does not appear to have been subject to recalls or to have had an exceptionally limited print run.

The Reichskreditkasse (Reich Credit Institution) issued regional banknotes like this 2 Reichsmark during the later years of Nazi Germany's monetary system, specifically in 1940 as the nation's economic resources were increasingly strained by ongoing military operations. The Imperial German Eagle (Reichsadler) prominently displayed in the lower left corner was the official state symbol incorporated into many Reich-issued securities during this period. This note represents the institutional credit structures that supported Nazi Germany's wartime economy in the final years before total economic collapse.

The obverse features a symmetrical design dominated by ornamental circular medallions with radiating sunburst patterns on both sides of a central shield cartouche containing the denomination '2'. Fine geometric border patterns frame the entire composition. The reverse (shown in PMG holder) displays the Reichsadler (Imperial German Eagle) in the lower left corner, serving as the official state emblem of the Third Reich. The note employs a sophisticated security design with intricate geometric patterns throughout, created using fine intaglio printing that produces the detailed security features visible in both the ornamental medallions and corner ornaments. The color palette of grayish-brown with black text creates strong visual contrast for security purposes.

Front Side: 'Stübel Reichsmark' (Stübel Reichsmark); Denomination '2' (Two); Serial Number 'N-6630640'; 'Reichskredithallen Hauptverwaltung der Reichskredithallen' (Reich Credit Halls Main Administration of the Reich Credit Halls). Reverse Side: Denomination '2' (Two); 'Reichsmark' (Reichsmark). Back (Certification): Superb Gem Uncirculated grade '67'; PMG Certification Number '1915534-055'; Full certification identifier 'R137a67E1915534055G'.

Intaglio printing (line engraving), evidenced by the detailed security patterns, fine geometric designs, and the crisp, precise rendering of the ornamental medallions and border elements visible in the images. The embossed security seal and the sharp definition of the Reichsadler confirm the use of high-security intaglio techniques. This was the standard printing method for German Reichskreditkasse notes, employing precision security printing appropriate for institutional credit notes during the Nazi period.

Pick catalog R137a designates this as the standard variety of the 1940 Reichskreditkasse 2 Reichsmark. The observed serial number prefix 'N-' is consistent with standard issue numbering for this Pick number. No overprints or unusual varieties are evident from the visual analysis. The PMG certification identifier 'R137a67E1915534055G' confirms authentication as the standard Pick R137a variety in the observed grade.