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1 Gold Pfennig Stadt-Sparkasse

Issuer Stadt-Sparkasse Bielefeld
Year 1923
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Currency Mark (1914-1924)
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Obverse lettering Stadt-Sparkasse Bielefeld 1 GOLDPFG. 1/420 Dollar
Reverse description Printed in blue, the reverse carries a central vignette of a male figure with open mouth, surrounded by four birds in flight, evoking a folkloric or allegorical scene. The vignette is framed by typeset lettering and the denomination, set against a repetitive text underprint covering the entire background field.
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The Stadt-Sparkasse Bielefeld issued an extraordinary range of Notgeld during the hyperinflation of 1923, and this 1 Gold Pfennig piece belongs to one of the more unusual sub-series: gold-denominated emergency notes, valued not in the collapsing paper Reichsmark but in Goldpfennig — a unit pegged conceptually to pre-war gold parity. Bielefeld's savings bank was among the few municipal issuers to adopt gold-standard denominations during the crisis rather than simply printing higher and higher Reichsmark figures.

Bielefeld is also famous for its cloth-based Notgeld from this period, issued on linen. This paper example is the less celebrated format from the same institution.

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