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10 Pfennig
| Issuer | Der Rat der Stadt Annaberg (City Council of Annaberg, Saxony) |
|---|---|
| Year | 1920 |
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| Composition | Paper |
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| Obverse description | Tan-brown notgeld on plain paper stock, with the denomination numeral '10' set within dark rectangular panels at each upper corner. Central text in Gothic blackletter script reads 'Gutschein über zehn Pfennig', beneath which a bordered panel carries the validity clause. The issuing authority 'Der Rat der Stadt Annaberg' is printed in bold Gothic type at the foot, accompanied by a manuscript signature. |
|---|---|
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| Reverse lettering | 10 PFENNIG ADAM RIES ZEHN PFENNIG ZEHN PFENNIG ZEHN PFENNIG |
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| Comments |
Annaberg's 1920 Notgeld issue belongs to the first wave of municipal emergency currency that flooded Saxony and Thuringia when small-denomination coinage effectively vanished from circulation following the war. The Rat der Stadt Annaberg — a mid-sized Saxon mining town in the Erzgebirge — was among hundreds of local authorities legally empowered under German emergency legislation to produce their own fractional notes to keep trade moving at the retail level.
Redemption was theoretically guaranteed by the issuing municipality, though in practice many series were never fully redeemed before the inflationary collapse of 1922–23 rendered the question moot.