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1 Pfennig

Issuer Stadt Regensburg (City of Regensburg)
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Value 1 Pfennig (0.01)
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Obverse lettering Gutschein
1
Pfennig
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Reverse lettering Stadtkasse
1 Pfennig
Heinrich Schiele, Graph. Kunstanstalt Regensburg
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Comments

Regensburg's wartime small-change shortage was acute enough that the city resorted to issuing 1 Pfennig paper notes — a denomination so low it had barely existed in coin form before the war made metal scarce. The Tieste reference places this in the Va series, indicating a later wave of Kleingeldersatz issues rather than the earliest emergency printings. Heinrich Schiele was a local commercial printer, not a specialist security firm, which is exactly the point: by this stage municipalities were commissioning whoever was available.

One-Pfennig Notgeld are among the more unusual survivors of the German emergency money period simply because most were discarded as worthless the moment the shortage passed.