10 Pfennig

Neubukow is a small market town in Mecklenburg, and its 1922 notgeld issue belongs to the vast wave of municipal emergency money printed across Germany as postwar inflation eroded the supply of small-denomination coinage. By 1922 the Reichsbank was losing the battle against hyperinflation entirely, and towns like Neubukow — with a population measured in the low thousands — were issuing their own fractional paper simply to keep retail trade moving.

These small municipal issues were typically printed locally in short runs, which makes surviving examples disproportionately scarce relative to the better-known collector series issued by larger cities.