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10 Pfennig
| Issuer | Stadt Lötzen (City of Lötzen) |
|---|---|
| Year | 1920 |
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| Currency | Mark (1914-1924) |
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| Obverse description | Town name "Stadt Lötzen - Masuren" at top with denomination numeral "10" in each of the four corners flanking a central vignette of three fish arranged vertically; the denomination written out in full appears at the bottom. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Central vignette of the Lötzen castle (Das Schloss zu Lötzen) rendered in a brown letterpress print, framed by decorative floral and foliate border elements on either side; below the vignette, a validity notice in Gothic script states the note loses validity one month after public announcement, dated Lötzen, den 1. Novbr. 1920, with a serial number and two manuscript signatures of the Magistrat. |
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| Comments |
Lötzen — now Giżycko in northeastern Poland — was a small East Prussian garrison town that, like hundreds of German municipalities, resorted to printing its own emergency scrip after the postwar collapse of the Reichsbank's ability to supply small-denomination coinage. This Notgeld wave of 1920 was an entirely local phenomenon, driven by coin hoarding rather than hyperinflation, which came later. Carl Flemming & Wiskott in Glogau handled enormous volumes of this municipal work, which is why their imprint turns up across dozens of different issuing towns.