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| Issuer | Stadt Rostock (City of Rostock) |
|---|---|
| Year | 1922 |
| Type | Local banknote |
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| Obverse description | Printed in black and yellow on white paper within a double-rule border, the obverse bears a Gothic-script header 'Seestadt Rostock' above a framed Low German text panel. The central vignette presents the heraldic arms of Rostock — a crowned shield supported by two rampant griffins — flanked by the denomination numeral '10' and the inscription 'PFENNIG' in bold yellow cartouches. A validity clause and two manuscript signatures occupy the lower margin. |
|---|---|
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| Reverse lettering | ReiterGeld 10 PF SEESTADT ROSTOCK |
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| Comments |
Rostock's 1922 Pfennig notgeld belongs to the last wave of municipal small-change emergency money issued across Germany before the hyperinflation of 1923 rendered fractional denominations economically pointless. By mid-1923, 10 Pfennig was worth less than the paper it was printed on, and most of these municipal issues were withdrawn and pulped within a year of printing.
Rostock printed its own series locally, as did hundreds of German towns during the 1920–1922 shortage of Reichsbank small coinage — a problem caused partly by metal hoarding and partly by wartime disruption to the Reichsmünzamt's output. Collector demand, not circulation need, kept many printers busy during this period.