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10 Pfennig

Issuer Stadtmagistrat Memmingen
Year 1920
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Reference(s) DeNG 5/6#M31.2a
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Reverse description Plain reverse, bearing the same validity and issuing authority text as the face, printed in black on white paper without additional ornamental elements.
Reverse lettering Nur gültig im Stadtbezirk Memmingen bis 1.Mai 1920 GUTSCHEIN über ZEHN PFENNIG Stadtmagistrat Memmingen Nachahmungen strafbar J.B Rechsrat. 10 Pfennig
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Comments

Memmingen's municipal authority issued this note as part of the Kleingeldersatz wave that swept German towns following the postwar coin shortage — by 1920 the problem had outlasted the war itself, with metal still being diverted or hoarded and fractional currency effectively absent from everyday commerce. The Stadtmagistrat here was one of hundreds of local bodies legally empowered to fill that gap with paper.

Gebrüder Parcus in Munich produced a significant volume of Bavarian municipal notgeld and brought a degree of technical consistency to what was otherwise a chaotic cottage industry of emergency printing. The watermarked paper on a note of this denomination is a minor point of quality — most issues at this value didn't bother.

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