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10 Pfennig Sparkasse

Issuer Städtische Sparkasse Quedlinburg
Year 1921
Type Local banknote
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Reverse description The reverse is printed as two separate uncut halves on a single sheet, each comprising a distinct vignette and text panel. The upper half bears a medieval woodcut-style scene dated 'ANNO 1477' showing a standing armoured figure with a shield surrounded by seated and kneeling figures, with a denomination tablet reading '5 Pf.' below. The lower half contains a five-line Gothic text verse referencing the Roland statue of Quedlinburg, with '5 Pf.' below and the printer's imprint 'H. MEYERDING QUEDLINBURG' along the bottom edge.
Reverse lettering ANNO 1477
5 Pf.
Einst riß der Feind den Roland um,
Jedoch der Roland steht!
Wir Quedlinburger hoffen drum,
Daß Feindes list vergeht.
5 Pf.
H. MEYERDING QUEDLINBURG
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Comments

Quedlinburg's municipal savings bank — the Städtische Sparkasse — issued small-denomination notgeld like this during the acute coin shortage that gripped Germany in the early 1920s. Metallic small change had been hoarded, melted, or simply failed to keep pace with inflating prices, forcing hundreds of local authorities and institutions to print their own stop-gap fractional currency. The Sparkasse was acting as a de facto municipal issuer, a role savings banks across Germany quietly assumed during this period.

H. Meyerding was a local Quedlinburg printer, which is exactly what you'd expect for a 10 Pfennig emergency piece — there was no reason to commission a specialist security printer for a note nobody expected to circulate beyond the town market.

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