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10 Pfennig

Issuer Stadt Torgau (City of Torgau)
Year 1921
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Currency Mark (1914-1924)
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Obverse lettering STADT·TORGAU
ZEHN PFENNIG·
NOT-
ZEHN PFENNIG·
GELD·
Dieser Schein verliert 1 Monat nach öffentlicher Bekanntmachung zur Einlösung seine Gültigkeit.
Torgau d. 10. Februar 1921.
Der Magistrat
Reverse description Teal-blue reverse with a guilloche-patterned wavy underprint filling the entire field in teal and black. At centre, an oval vignette on a dark ground presents a standing armoured knight in full yellow plate armour, holding a lance, with the date '15 42' inscribed at either side of the figure; the oval border carries the legend '·SIE·ZOGEN·GEN·WURZEN·ZU·FUSS·ZU·ROSS·'. Circular yellow roundels at left and right each bear the numeral '10' in teal, serving as denomination indicators within the ornate frame.
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Comments

Torgau's 1921 Notgeld issue came at the height of Germany's municipal emergency currency crisis, when the Reichsbank's inability to supply adequate small-denomination coinage forced thousands of towns to print their own. Torgau, a small Elbe river town in Saxony-Anhalt, had no particular banking infrastructure to lean on — the city administration handled the issue directly, as most comparable Kleinstädte did.

Paper Notgeld of this period was typically printed in short runs by local or regional printers and redeemed within weeks or months, making surviving uncirculated examples genuinely uncommon despite the large quantities originally produced.

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