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10 Pfennig-Gold
| Issuer | Stadtgirokasse Landsberg (Warthe) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 10 Goldpfennig (0.10) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Notgeldschein. Ausgegeben mit Genehmigung des Reichsministers der Finanzen. 10 Pf.-Gold = 1/42 Dollar zahlt die Stadtgirokasse in Landsberg (Warthe) gegen diesen Schein dem Einlieferer binnen Monatsfrist nach Aufruf in den hiesigen Zeitungen nach Wahl des Ausstellers in Schatzanweisungen der wertbeständigen Anleihe bezw. gegen Goldschatzanweisungen des Deutschen Reiches oder in einem gleichwertigen Barbetrage. Dieser Notgeldschein ist gedeckt nach Maßgabe der Bestimmungen der Reichsregierung. Landsberg (Warthe), den 2. November 1923. Der Magistrat. Oberbürgermeister. Bürgermeister. |
| Reverse description | Plain salmon-toned paper reverse with a single centrally placed vignette in black letterpress: a decorative wreath-like circular border composed of floral and foliate chain ornaments, open at the base and terminating in two symmetrical floral sprays at either side, enclosing the bold denomination numeral '10 Pf.' The obverse text shows through as a light offset impression across the field. |
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| Comments |
Landsberg an der Warthe — today Gorzów Wielkopolski in Poland — was among the hundreds of German municipalities that issued gold-denominated Notgeld during the hyperinflation of 1923, when the Reichsmark had become effectively worthless for everyday transactions. Denominating the note in Pfennig-Gold rather than paper marks was a deliberate act of monetary self-defense: by pegging to a gold standard equivalent, the issuer attempted to give the scrip a stable value that paper-mark notes could no longer credibly claim.
The Stadtgirokasse, a municipal giro and savings institution rather than a commercial bank, had authority to issue such emergency instruments at the local government level. These gold-pfennig notes were typically short-lived, rendered obsolete once the Rentenmark stabilization took hold in November 1923.