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1 Pfennig

Issuer Stadtrat Friedberg (City Council of Friedberg in Bayern)
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Size 28 × 28 mm
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Obverse lettering Stadtrat Friedberg 1 Pfg.
Reverse description The reverse shows a blind impression of the obverse printing through the thin pink paper, with no independent design or lettering intentionally printed. The ghost image of the obverse border and text is faintly visible as a mirror image. Handwritten notations appear in pencil at the margins.
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Friedberg in Bayern, a small town near Augsburg, issued emergency paper money — Notgeld — during the coin shortages that gripped Germany in the early 1920s. A 1 Pfennig note is among the lowest denominations ever committed to paper, a measure of how completely small change had vanished from everyday commerce. The square format is unusual even within the already eccentric world of municipal Notgeld.

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