1916 Germany, Posen – Occupation Of Lithuania 50 Kopecks banknote, XF

The 1916 Germany, Posen - Lithuania Occupation 50 Kopecks banknote is a fascinating artifact from a tumultuous period in Eastern European history. Graded in Extremely Fine (XF) condition, this banknote represents the military administration established by Germany in the eastern regions during World War I, including Lithuania, the Curonian Spit, Białystok, Suwalki, and Gardin areas. Known as Oberost, this territory was directly managed by the commander of the Eastern Army, which aimed to integrate the local economy to support the German war effort.

In 1916, the German authorities decided to replace the existing silver rubles with German paper money, facilitating the transition to a new currency managed by the Eastern Trade and Industry Bank, headquartered in Poznań. This bank created the Eastern Lending Bank to function as the issuing authority in these occupied territories. The 50 Kopecks note exemplifies the economic changes and challenges faced by the local population during this time, making it a vital piece for collectors and historians alike.