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1 Pfennig

Issuer Städtische Sparkasse Kitzingen
Year 1920
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Shape Rectangular
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Reverse description Central vignette of a crenellated town gate within a ruled frame; corner numerals 1 mark the denomination. Issuer name and town inscription appear in the upper and lower panels respectively.
Reverse lettering 1
Städt. Sparkasse
1
PFENNIG
Kitzingen a. M.
1
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Comments

Kitzingen's municipal savings bank issued this fractional Notgeld during the acute small-change crisis of 1920, when coin metal was being hoarded and the Reichsbank could not keep low denominations in circulation. At 46 × 41 mm, this is among the smallest paper currency formats produced during the German inflation period — barely larger than a postage stamp, which created real handling problems and likely contributed to its rapid attrition in everyday use.

Surviving examples in clean condition are disproportionately rare for such a low face value, simply because most were discarded or lost rather than saved.

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