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10 Pfennig Erzgebirgische Bank
| Issuer | Erzgebirgische Bank Schneeberg-Neustädtel |
|---|---|
| Year | 1918 |
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| Currency | Mark (1914-1924) |
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| Obverse description | Printed in dark blue on pale grey paper, the obverse carries a decorative diamond-pattern border frame enclosing the bearer cheque text 'Wir zahlen gegen diesen Scheck an Überbringer' at the top. The denomination '10 ZEHN PFENNIG 10' is set in large bold letterpress type at centre, separated from the issuer inscription below by a wavy rule. The issuing institution name 'Erzgebirgische Bank Schneeberg-Neustädtel' and the legal status line 'Eingetragene Genossenschaft mit beschränkter Haftpflicht' appear in the lower portion, beneath which two manuscript signatures are affixed. |
|---|---|
| Obverse lettering | Wir zahlen gegen diesen Scheck an Überbringer 10 ZEHN PFENNIG 10 Erzgebirgische Bank Schneeberg-Neustädtel Eingetragene Genossenschaft mit beschränkter Haftpflicht |
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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.