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10 Pfennig

Issuer Neuhaus am Rennweg (Thuringia), Municipality of
Year 1921
Type Local banknote
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Obverse description Printed in dark blue on cream paper, the obverse is typographically composed in a bold Art Nouveau letterpress style within a dotted outer border. The denomination numeral '10' appears at the top centre, above the large block-lettered inscriptions 'PFENNIG', 'NOTGELD', and 'DER GEMEINDE', with the issuing locality rendered in ornate Fraktur script as 'Neuhaus a.Rwg.' along the lower portion. The arc legend 'HOHENLUFTKURORT' (high-altitude health resort) runs across the upper field, and the issue date '1. MÄRZ 1921' is centred at the foot; a handwritten serial number appears vertically along the left margin.
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Reverse lettering Neuhaus a.Rg.
10 10
PFENNIG
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Comments

Neuhaus am Rennweg is a small glassmaking town in the Thuringian Forest, and its 1921 Notgeld issues reflect the hyperinflationary pressure that forced hundreds of German municipalities to print their own fractional currency when federal small change simply ceased to reach local circulation. The Reichsbank's coin metal procurement had collapsed after 1918, and towns like Neuhaus filled the gap themselves — legally, if informally.

Small-format Thuringian municipal Notgeld from this period was often produced by regional printers on short runs, which is why condition varies so sharply between surviving examples of the same issue.

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