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10 Pfennig Erzgebirgische Bank
| Issuer | Erzgebirgische Bank Schneeberg-Neustädtel |
|---|---|
| Year | 1918 |
| Type | Log in to see details |
| Value | 10 Pfennigs (10 Pfennige) (0.10) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Wir zahlen gegen diesen Scheck an Überbringer 10 ZEHN PFENNIG 10 Erzgebirgische Bank Schneeberg-Neustädtel Eingetragene Genossenschaft mit beschränkter Haftpflicht |
| Reverse description | The reverse is printed in dark blue on a pale grey guilloche underprint and enclosed within a diamond-pattern border frame matching the obverse. A central heraldic vignette occupies the middle of the note, showing a coat of arms supported by two armoured figures with feathered helmets and flanking shields, rendered in a detailed woodcut style. The denomination is repeated in four corners and two flanking text blocks reading '10 / ZEHN / 10' to the left and '10 / PFENNIG / 10' to the right. |
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| Comments |
The Erzgebirgische Bank in Schneeberg-Neustädtel was one of dozens of small regional German institutions forced into emergency note issuance during 1918 as the wartime coin shortage became acute. Pfennig denominations in metal had effectively vanished from circulation — hoarded, melted, or simply never minted in sufficient quantity to meet demand. This 10 Pfennig note is Notgeld in the strict sense: a stopgap, not a banking product.
Schneeberg itself had been a silver mining town since the fifteenth century, which gives a certain irony to its bank papering over a metal currency shortage.