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10 Pfennig

Issuer Stadt Annaberg (City of Annaberg), Saxony
Year 1919
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Value 10 Pfennigs (10 Pfennige) (0.10)
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Obverse description Yellow-toned notgeld printed in black letterpress on paper, with the denomination numerals '10' placed at upper left and upper right flanking a crossed mining hammers vignette at centre top — an allusion to Annaberg's silver-mining heritage. The large Gothic script text reads 'Gutschein / Zehn Pfennig' across the centre, below which the issuing authority 'Der Rat der Stadt Annaberg' is inscribed, accompanied by a manuscript signature. A validity clause in smaller Gothic type along the lower margin restricts circulation to the Kommunalverband Annaberg through 31 December 1919.
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Reverse lettering Stadt Annaberg
10 10
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Comments

Annaberg issued this note — along with dozens of other small-denomination Notgeld pieces — during the acute coin shortage that gripped Germany in the immediate aftermath of the First World War. Municipal and private issuers across Saxony flooded the market in 1919, and the Stadt Annaberg series was among the more modest local efforts: functional scrip rather than the decorative collector-targeted Notgeld that would dominate the early 1920s.

Annaberg itself had been a significant silver-mining town since the late fifteenth century, which gives a certain irony to its citizens relying on paper fragments to make change.

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