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10 Pfennig

Issuer Stadt Peine (City of Peine)
Year 1917
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Value 10 Pfennigs (10 Pfennige) (0.10)
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Obverse description Plain cream-toned paper Gutschein with an ornamental chain-link border enclosing the entire design. The denomination '10 Pfennig' appears in bold letterpress in two flanking panels at left and right, with the central text panel carrying the issuing authority 'der Stadt Peine' and the value spelled out in large capitals 'ZEHN PFENNIG.' A fine guilloche underprint occupies the lower central field. Below the denomination text, four lines of Gothic-script text state the validity date and redemption conditions, followed by the place and date 'Peine, im April 1917,' with two manuscript facsimile signatures at the foot under the titles 'Der Magistrat' and 'Die Bürgervorsteher.' The printer's imprint 'Gebrüder Jänecke, Hannover' appears in the lower right corner.
Obverse lettering GUTSCHEIN
der Stadt Peine
über
ZEHN PFENNIG.
Gültig bis zum 15. Oktober 1919.
Dieser Gutschein wird von unserer Kämmereikasse
und Stadtsparkasse eingelöst.
Peine, im April 1917.
Der Magistrat
Die Bürgervorsteher
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Comments

Peine's 1917 emergency issue belongs to the first major wave of German municipal Notgeld — the point at which the wartime coin shortage became acute enough that towns and cities began printing their own fractional currency without waiting for Reich authorization. Copper and nickel had been redirected to war production, and small-denomination coinage simply vanished from daily commerce. Gebrüder Jänecke in Hannover handled a considerable volume of this municipal work, serving as a reliable regional printer for Lower Saxon municipalities during precisely this period.

The dual-signature requirement — one from Der Magistrat, one from Die Bürgervorsteher — reflects Peine's municipal governance structure, with executive and representative bodies both formally endorsing the emission.

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