1 Pfennig Kreuz-Drogerie Pester

A Kleingeldersatz — small change substitute — issued by C. Richard Pester's Kreuz-Drogerie pharmacy in Chemnitz during the acute coin shortage of the early 1920s. German retailers at every level, from department stores to corner shops, were legally permitted to issue their own fractional cardboard tokens when Reichsmünzen simply vanished from circulation, hoarded or melted as inflation eroded their face value faster than the Reichsbank could replace them.

Tieste catalogs hundreds of Chemnitz issues from this period; Pester's single-pfennig piece on pink stock is among the more modest entries — one denomination, one establishment, no series variants recorded.