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10 Pfennig

发行方 Kahla (Thuringia), City of
年份 1921
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面值 10 Pfennigs (10 Pfennige) (0.10)
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正面描述 The obverse is divided into three vertical panels: the left and right panels each carry a large brown numeral '10' above the red Gothic inscription 'PFENIG'. The central panel presents a polychrome vignette of a robed female saint holding a cross and a shield, standing beneath a Gothic arched canopy with foliage ornament; a six-pointed star and a jug appear to her right. Below the central vignette, a two-line Gothic text declares the note's validity until public recall by the town council, with a serial number at lower left and two manuscript signatures at lower right.
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背面铭文 Jenaisches Tor
NOTGELD der STADT
KAHLA / THÜR
19 21
E. Nisler, Nürnberg.
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Kahla is a small porcelain-manufacturing town on the Saale river in Thuringia, and this note belongs to the vast wave of German municipal Kleingeldersatz — small-change substitutes — issued in 1921 when postwar inflation made metal coinage economically unviable to produce and hoard simultaneously. Thousands of German towns commissioned similar notes from commercial printers; E. Nisler of Nürnberg handled a substantial volume of this municipal work during the period.

At 10 Pfennig, this is among the lowest denominations seriously affected by the coin shortage — small enough that few bothered to save examples, which affects survival rates across the entire Kleingeld series.

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