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10 Pfennig Stefan Angerer

Issuer Stefan Angerer (Firma), Nürnberg
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Printer Bieling-Dietz
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Obverse description Cream-coloured note printed in black Fraktur (Gothic blackletter) script throughout, with a central yellow-ochre underprint of a heraldic eagle. The denomination '10 Pfg.' is set in large bold numerals flanking the eagle vignette, above the legend 'der Firma' and the issuer's name 'Stefan Angerer, Nürnberg' in prominent blackletter. Branch locations 'Ansbach · Ingolstadt · Regensburg' are listed along the lower margin, with the word 'Gutschein über' heading the obverse.
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Reverse lettering Dieser Gutschein wird jederzeit
an meiner Hauptkassa, sowie
in meinen sämtlichen Filialen
zum Nennwert in Zahlung
genommen oder eingelöst.
Stefan Angerer
Bieling-Dietz.
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Comments

Stefan Angerer was a Nürnberg-based firm that issued this small-denomination emergency note — Kleingeld­ersatz­schein — during the acute coin shortage that gripped Germany in 1917 and 1918. Municipal and commercial issuers alike flooded the market with such scrip, and the Bieling-Dietz printing house in Nürnberg supplied a significant number of local firms with competent if unshowy production work.

Commercial Notgeld issued by private businesses rather than municipalities tends to survive in lower quantities than the more widely distributed civic issues, since redemption was the issuer's direct liability and firms had strong incentive to retire outstanding notes promptly.

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