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| 正面描述 | Printed entirely in dark red on white paper, this Notgeld note bears a rectangular border of repeating ornamental zigzag and asterisk motifs, with the numeral 10 in each corner cartouche and the word "Notgeld" running vertically along both side panels. The central field carries the large Gothic-script legend "Not / Geld" above the issuance line "Waldenburg i. Schl., 20. Aug. 1921" and the issuing authority "Der Magistrat". The top and bottom borders carry the inscription "Pfennig Notgeld Pfennig" in blackletter type. |
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| 背面描述 | The reverse mirrors the ornamental border design of the obverse, printed in the same dark red ink, with the numeral 10 in each corner cartouche and "Waldenburg" running vertically in blackletter along both side panels. The top and bottom borders bear the inscription "Waldenburg in Schlesien". The central field displays the denomination in large Gothic script "Zehn Pfennig", followed by the validity clause in three lines of smaller blackletter text stating that the note remains valid until the date fixed by official notice in the Waldenburg newspapers. |
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Waldenburg — now Wałbrzych in southwestern Poland — was a coal-mining center whose municipality issued notgeld during the postwar inflationary spiral that made small-denomination Reichsbank coinage functionally disappear from everyday transactions. These 10 Pfennig paper emergency issues were a local fix for a national problem: hoarding and melting of metal coinage left retailers and workers with nothing to make change.
1921 falls in the middle period of German notgeld production, after the novelty "collector" issues had already flooded the market but before hyperinflation rendered such denominations absurd within two years.