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1 Pfennig J. Rosenfelder

Issuer J. Rosenfelder, Bamberg
Year 1920
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Value 1 Pfennig (0.01)
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Reverse description Plain paper reverse printed in grey-green with an all-over foliate scroll underprint. The text, set in Gothic Fraktur script, states the conditions of use — that the voucher was issued solely for wage payments and is valid only within the issuer's establishment, and that 100 such vouchers entitle the bearer to 1 Mark in cash. A red handstamped serial number appears in the lower left, with the manuscript-style issuer signature 'J. Rosenfelder / Bamberg.' at the lower right.
Reverse lettering 1 Pf. Gutschein
nur bei Lohnzahlungen von mir
verausgabt und nur in meinem
Betriebe umlaufsfähig. Für 100
dieser Gutscheine erhält der Über-
bringer 1 Mark in bar ausbezahlt
J. Rosenfelder
Bamberg.
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Comments

Rosenfelder was a private merchant in Bamberg who issued this note during the acute small-change shortage that gripped Germany in 1920, when coin metal was hoarded and official Kleingeld simply stopped circulating. Thousands of German retailers, municipalities, and private firms issued their own Notgeld that year — this is one of the humbler examples, a single-pfennig denomination from a local trader whose business details have otherwise gone unrecorded.

One pfennig Notgeld is among the lowest denominations produced during the period, which itself says something about how completely fractional coinage had vanished from everyday transactions.

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