1 Pfennig - Mühlhausen in Thüringen

Mühlhausen issued its own emergency coinage — Notgeld — during the acute coin shortages that followed Germany's defeat in 1918, when hoarding and metal requisitioning had stripped small denominations from everyday commerce. This zinc pfennig is part of that municipal stopgap, issued under city authority rather than any central body, a practice that hundreds of German towns adopted simultaneously between 1917 and 1921. The Funck catalogue documents dozens of Mühlhausen varieties from this period, reflecting how aggressively the city's administration responded to the liquidity crisis at street level.