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1 Pfennig
| Issuer | Magistrat der Residenzstadt Posen |
|---|---|
| Year | 1916 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | Gut für 1 Pfennig nur im Verkehr mit der städtischen Verwaltung Posen. Gültig bis zum 1. April 1917. Posen, 1. November 1916. Der Magistrat der Residenzstadt Posen. |
| Reverse description | Unprinted plain paper reverse displaying an overall embossed or impressed decorative underprint pattern of interlocking floral and geometric motifs arranged in a four-quadrant layout, visible as blind relief across the surface with no additional text or vignette. |
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| Comments |
Posen's municipal notgeld emerged from the acute small-change shortage that gripped German cities within the first two years of the war, as coin metal was diverted to military production and the Reichsbank's response lagged badly. The Magistrat — the city council of what was then a heavily garrisoned German administrative capital in the Prussian east — issued these locally to keep retail trade functional. Denominations this low were purely practical instruments, not collector pieces, and were printed in large volumes on whatever paper stock was available.
Survival rate for circulated low-denomination municipal notgeld from occupied Polish territories is lower than for equivalent western German issues, partly due to postwar administrative disruption when the city reverted to Polish sovereignty in 1918–19.