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1 Pfennig Sparkasse

Issuer Städtische Sparkasse Wasserburg am Inn
Year 1920
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Shape Rectangular
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Reverse description Plain buff-coloured note printed entirely in black letterpress within a double-ruled rectangular border. The central vignette is a bold heraldic lion passant, the traditional arms of Wasserburg am Inn. The denomination numeral '1' appears in each of the four corners, with 'PFENNIG' reading vertically along both the left and right inner margins. The legend 'Städt. Sparkasse' is inscribed across the top panel and 'Wasserburg a.Inn' across the bottom panel.
Reverse lettering Städt. Sparkasse
Wasserburg a.Inn
PFENNIG
1
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Comments

Städtische Sparkasse Wasserburg am Inn was among hundreds of German municipal savings banks that resorted to issuing their own Notgeld during the postwar coin shortage of 1920 — small-denomination pfennig notes filling the gap left by the near-total disappearance of copper and nickel coinage from circulation. At roughly 47 × 42 mm, this note is among the smallest format emergency issues of the period, likely printed locally by a job printer rather than a specialist banknote firm.

The Tieste catalogue reference places it firmly in the documented Bavarian municipal Notgeld corpus, though surviving examples in any condition are infrequently offered — low-denomination pfennig pieces were used hard and discarded once the shortage eased in late 1921.

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