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1 Pfennig

Issuer Gemeinde Weißwasser O/L (Municipality of Weißwasser, Upper Lusatia)
Year 1918
Type Local banknote
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Obverse lettering Gutschein der Gemeinde
Weißwasser O/Lausitz
1 Pfennig
Gültig bis zum 31. Dezember 1920.
Zweite Ausgabe. Der Gemeindevorsteher. Der Schösse.
No
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Protection type Watermark
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Comments

Weißwasser was a glass-manufacturing town in Upper Lusatia, and like hundreds of German municipalities in 1918, it issued its own Kleingeldscheine — small-denomination emergency notes — to compensate for the near-total disappearance of coin from circulation. The German imperial government had been withdrawing copper and nickel coinage since 1915 for war materials, and by 1918 even the smallest transactions had become difficult. Municipal authorities stepped in out of necessity, not ambition.

The watermark is notable for a note of this size and value. At 1 Pfennig, this is among the lowest denominations issued in the entire Kleingeldscheine phenomenon — most municipalities didn't bother below 5 Pfennig.

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