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10 Gold Pfennig Stadt-Sparkasse
| Issuer | Stadt-Sparkasse Bielefeld |
|---|---|
| Year | 1923 |
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| In circulation to | Yes |
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| Obverse description | Typeset letterpress design printed in red. Central text block carries the issuer name STADT-SPARKASSE BIELEFELD with denomination 10 GOLDPFG. and currency equivalent 1/42 Dollar below. Background filled with repeated red underprint lettering. |
|---|---|
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| Reverse description | Red vignette of a standing male figure with open mouth, surrounded by four birds in flight. Denomination and issuer inscriptions frame the central design, with a repeated-text underprint filling the background. |
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| Comments |
Bielefeld's Stadt-Sparkasse issued notgeld in unconventional materials during the hyperinflation crisis — linen, leather, and pressed silk among them — which makes a paper issue from 1923 worth pausing over. By mid-1923, municipal savings institutions across Germany were scrambling to denominate emergency money in stable units rather than depreciating Papiermark, and the "Gold Pfennig" designation here reflects exactly that shift: an attempt to peg nominal value to a gold standard rather than the collapsing paper currency.
The DeNG 12 catalog places this within the broader Bielefeld notgeld issues, a series that attracted collector interest almost immediately upon release.