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1 Pfennig

Issuer Stadtrat Traunstein (City Council of Traunstein)
Year 1920
Type Local banknote
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Obverse lettering 1 Pfennig Stadt Traunstein
Reverse description The reverse presents a central oval vignette printed in blue on plain cream paper, enclosing the civic arms of Traunstein — a stylized torch or mace with two confronted fleur-de-lis finials rising from a mound. The oval cartouche is encircled by the letterpress inscriptions 'STADTRAT' along the upper arc and 'TRAUNSTEIN' along the lower arc, separated by small ornamental scroll elements.
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Comments

Traunstein's 1920 Pfennig notgeld belongs to the smallest denomination tier of the German emergency money wave that followed the chronic coin shortages of the First World War and its immediate aftermath. At the sub-Mark level, these fractional pieces were almost entirely a local convenience instrument — printed to plug gaps in everyday retail transactions that federal coinage simply couldn't fill. The Stadtrat issued them on its own authority, as hundreds of German municipalities did between 1916 and 1922, with no central oversight of design or print runs.

The DeNG reference places this firmly in the documented Traunstein series, though survival rates for single-Pfennig pieces are disproportionately low — their face value made them easy to discard once the notgeld period ended.

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