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1 Pfennig
| Issuer | Stadtrat Mühldorf (City Council of Mühldorf am Inn) |
|---|---|
| Year | 1920 |
| Type | Local banknote |
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| Obverse description | Printed in black on orange-brown paper stock with perforated edges in the style of a postage stamp. The denomination numeral '1' appears in the upper right, with the word 'Pfennig' below it; a stylised cartwheel or cogwheel vignette occupies the upper left corner. A curved banner at centre reads 'STADTRAT' above the bold town name 'MÜHLDORF', separated by a small ornament; the validity inscription 'Giltig bis zum 31. MÄRZ 1921.' is set within a ruled panel at the foot of the note. |
|---|---|
| Obverse lettering | 1 Pfennig STADTRAT MÜHLDORF Giltig bis zum 31. MÄRZ 1921. |
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Mühldorf am Inn, a small Bavarian market town on the Inn River, issued this tiny 1 Pfennig note during the acute small-change famine that gripped Germany in 1919–1921. Coin metal was scarce and hoarded, forcing thousands of municipalities to print their own Kleingeldersatz — substitute small change. The Stadtrat had legal authority to do so under emergency provisions, though the notes were theoretically redeemable only locally.
At 33 × 27 mm, this is among the smallest paper money formats produced under the Notgeld program. The DeNG reference places it firmly in the municipal series, distinct from the decorative "collector" Notgeld that flooded the market slightly later.