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10 Pfennig
| Issuer | Stadtgemeinde Bad Kösen |
|---|---|
| Year | 1921 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | Stadtgemeinde Bad Kösen 10 Pfennig 10 Pfennig Dieser Schein verliert seine Gültigkeit 1 Monat nach erfolgter Bekanntmachung. Bad Kösen den 1. Juni 1921. Der Magistrat. Die Stadtverordneten |
| Reverse description | Multicolour Notgeld note with a red, yellow, and blue decorative border. The central vignette presents a monochrome engraving of a half-timbered building with a tall steepled tower, identified by the Gothic inscription 'im Solschacht' above. Flanking yellow panels carry the text 'Notgeld der Stadt Bad Kösen' on the left and 'Zehn Pfennig' on the right, with blue denomination panels reading '10 Pfennig' at each corner. |
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| Comments |
Bad Kösen, a spa town in Saxony-Anhalt, issued this Notgeld during the hyperinflationary spiral of the early Weimar Republic, when coin shortages left municipalities scrambling to produce their own small-denomination emergency currency. Thousands of German towns did the same in 1921, but the sheer volume of production — and the secondary collectors' market that rapidly developed — means many of these pieces circulated more among hobbyists than in actual trade. Bad Kösen was well aware of this; collector-targeted Notgeld was a recognized revenue stream for cash-strapped communities by this point in the crisis.