10 Pfennig - Spremberg

Spremberg's 1921 notgeld coinage was part of the broader German municipal emergency money phenomenon driven by chronic small-denomination coin shortages in the postwar years — the Reichsbank simply could not keep pace with demand for circulating pfennig denominations as inflation began accelerating. Iron was the default material for dozens of Brandenburgian towns that year, cheap enough to justify short production runs with no expectation of long-term circulation.

The Funck catalog remains the primary reference for classifying these municipal iron issues by die variety, and the .4 suffix designation here distinguishes this specific strike from at least three other known variants of the same type.