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1 Pfennig Tietze and Seidensticker
| Issuer | Tietze & Seidensticker, Penzig (Silesia) |
|---|---|
| Year | 1916-1921 |
| Type | Local banknote |
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|---|---|
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| Reverse description | The reverse, printed in black on the same grey paper stock, carries three blocks of Gothic Fraktur text setting out the redemption conditions for the Notgeld issue. The central motif consists of an oval guilloche cartouche enclosing the numeral '1', flanked on either side by decorative monogram cyphers reading 'Pf.' in ornamental Gothic lettering, with vertical foliate ornaments at the lateral margins. |
| Reverse lettering | Die Notgeldscheine haben Gültigkeit 1 Monat nach Aufforderung zur Einlösung, die nur durch Bekanntmachung im Aushängekasten am Kontorgebäude stattfindet. Die Notgeldscheine sind bis 1 Mark zu sammeln und im Kontor zur Einlösung vorzulegen. 1 Pf. Pf. |
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| Comments |
Tietze & Seidensticker was a textile firm in Penzig, a small Silesian weaving town near the Neisse River. Like hundreds of German industrial employers during the First World War, the company issued its own low-denomination Notgeld to compensate for the near-total disappearance of small coin — wartime metal demands had stripped pfennig coinage from everyday commerce almost overnight. Factory-issued scrip of this kind was typically redeemable only at the company store or against wages, which kept it circulating in an extremely tight geographic radius.
The Tieste catalog reference places this firmly within the documented private emergency issues of Silesia. Penzig itself was absorbed into Poland after 1945 and is now Pieńsk.