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| 正面描述 | The obverse is printed in black, red, and grey tones in a vivid Art Nouveau Notgeld style. A left-facing portrait vignette of Frederick the Great in his characteristic cocked hat occupies the centre-left, rendered in fine letterpress line work against a stippled grey ground. To the left runs a vertical ornamental border of interlaced foliate and lozenge motifs in red and black; the denomination '1 Mk' appears in an elaborate red and black scroll cartouche to the upper right, with the issuing locality 'Parey a. d. Elbe' set in large gothic red letterforms below, and the legend 'Sonnen-Wende 1921' in bold Fraktur across the top. |
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| 背面描述 | The reverse is printed in black on a pale cream ground with a faint red underprint of an eagle or heraldic device at centre. The upper portion carries a two-line redemption clause in roman type, followed by an eleven-line German verse in bold serif type referencing Frederick the Great and the Silesian plebiscite. The lower section bears the serial prefix 'Ausgabe A. Nr.' in large decorative gothic type with a stamped numeral, and the printer's imprint is set in small capitals along the bottom edge. |
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Parey an der Elbe is a small town on the middle Elbe in Saxony-Anhalt, and its savings and credit cooperative issuing emergency currency in 1921 is exactly the kind of hyper-local Notgeld story that defines the German inflation period. By that year, coin shortages and the accelerating devaluation of the Reichsmark had pushed thousands of municipal bodies, cooperatives, and private institutions to print their own fractional and small-denomination scrip — legal in practice if not always in strict law.
W. Wackernagel in Magdeburg was a regional commercial printer, not a specialist banknote house, which is typical of third-tier Notgeld issuers who took what was available locally. The full street address on the note — Margarethenstraße 4 — is an unusual level of specificity for a printer's imprint.