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1 Pfennig Ertel and Sohn
| Issuer | Ertel & Sohn |
|---|---|
| Year | 1920 |
| Type | Vouchers |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Kantinen- Geld 1 Pfg. Ertel & Sohn |
| Reverse description | Plain unprinted pale green paper reverse with serrated/rouletted edges on left and right sides, typical of small-format canteen voucher issues of the German inflation era. |
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| Comments |
Ertel & Sohn was a Munich-based precision instrument manufacturer — theodolites, surveying equipment, optical devices — with no business being in the money-issuing trade. Like thousands of German firms in 1920, they issued Kleingeldersatz (small change substitute) because the postwar coinage shortage left commerce functionally paralyzed at the retail level. A pfennig note from a theodolite maker is exactly the kind of absurdity that defines the Notgeld period.
At 25 × 15 mm, this is among the smallest pieces of emergency currency documented in the Tieste catalog — closer in size to a postage stamp than a banknote.