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10 Pfennig

Issuer Städtische Sparkasse Triebes (Municipal Savings Bank of Triebes)
Year 1921
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Size 90 × 56 mm
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Obverse lettering STADTGEMEINDE TRIEBES
STÄDTISCHE SPARKASSE TRIEBES
TRIEBES, DEN 1. OKTOBER 1921
DIE SPARKASSENVERWALTUNG:
GÜLTIG IM STADTBEZIRK TRIEBES BIS EINEN MONAT NACH AUFRUF.
10
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Reverse lettering GUTSCHEIN DER STADTGEMEINDE TRIEBES REUSS
10 Pf
OTTO HENNING A.-G., GREIZ
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Comments

Triebes is a small industrial town in Thuringia, and this 10 Pfennig note is a product of the 1921 Kleingeldersatz crisis — the near-total disappearance of low-denomination coinage from circulation as postwar inflation eroded the metal value of small change. Municipal savings banks across Germany were authorized to fill the gap with locally issued notgeld, and the Städtische Sparkasse Triebes did exactly that. Otto Henning A.G. in nearby Greiz was a regional commercial printer that handled a substantial volume of Thuringian notgeld during this period.

At this scale, survival is largely a matter of luck — most pieces were redeemed and pulped when the issuing authority's obligation expired.

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