10 Pfennig

发行方	Stadt Rostock (City of Rostock)
年份	1922
类型	Local banknote
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正面描述	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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背面铭文	ReiterGeld 10 PF SEESTADT ROSTOCK
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备注	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 By mid-1923, 10 Pfennig was worth less than the paper it was printed on, and most of these municipal issues were withdrawn and pulped within a year of printing.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.

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