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10 Pfennig

Issuer Stadtrat Münnerstadt (City Council of Münnerstadt)
Year 1920
Type Local banknote
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Obverse lettering 10
Pfennig
Notgeld der Stadt Münnerstadt
Ausgeg. 24. Dez. 20
gültig bis 1. Jan. 1925
Stadtrat
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Reverse lettering Münnerstadt
10
10
der Stadt
Notgeld
JÖRGEN TOR
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Comments

Münnerstadt is a small Franconian town in Lower Franconia, Bavaria, and like hundreds of similarly-sized German municipalities in 1920, its city council issued emergency small-change notes — Kleingeldscheine — to plug the coin shortage that had persisted since the war. The Reichsbank had stopped releasing low-denomination coins into circulation years earlier, and local authorities were legally permitted to fill the gap. Most of these hyperlocal issues ran for only a few months before being recalled and destroyed.

Survival rates for Münnerstadt's Notgeld are low simply because so little was printed to begin with — the issuing population was under three thousand.

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