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Gemeinschaftsgruppe Deutscher Hypothekenbanken - 10000000, 1000000 or 50000 Mark - Bond

Inv# FB6529   Bond
Gemeinschaftsgruppe Deutscher Hypothekenbanken - 10000000, 1000000 or 50000 Mark - Bond
Country: Germany
Years: 1923

10,000,000, 1,000,000 or 50,000 Mark 12% Bond printed by Liebheit & Thiesen. Some have coupons unattached. Please specify which denomination requested. In relation to this item, Hans Luther (10 March 1879 – 11 May 1962) was a German politician and Chancellor of Germany for 482 days in 1925 to 1926. As Minister of Finance he helped stabilize the Mark during the hyperinflation of 1923. From 1930 to 1933, Luther was head of the Reichsbank and from 1933 to 1937 he served as German Ambassador to the United States.

Luther was elected to the supervisory board of the Reichsbahn in the summer of 1926. At the end of 1928 he left, to make room for a representative of the Free State of Prussia. In March 1929, he became a member of the board of directors of the Gemeinschaftsgruppe deutscher Hypothekenbanken (association of German mortgage banks). He also joined the DVP. In 1928/29, Luther was also active in the Bund zur Erneuerung des Reiches [de] and became its founding president in January 1928. The institution worked on a reform of the federal structure of the Reich, notably the problem of the dominant position of Prussia compared to the other Länder. Read more at

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Condition: Good

A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

Item ordered may not be exact piece shown. All original and authentic.
Price: $75.00