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10 Pfennig Verkehrs-Verein

Issuer Verkehrs-Verein Calbe a. M.
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Size 58 × 36 mm
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Obverse lettering Verkehrs-Verein Calbe a. M.
Gutschein über
10 Pfennig
Kontroll-Nummer
Reverse description Plain buff paper reverse printed entirely in brown Gothic (Fraktur) script, unframed and without vignette or ornament. The redemption point is identified in three lines of decreasing formality: the header 'Einlösungsstelle:' followed by 'Commerz- u. Privat-Bank Aktiengesellschaft' and the agency designation 'Agentur: Calbe a. d. Milde'. A faint rectangular ghost impression from the obverse is visible at centre.
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Calbe an der Milde is a small town in Saxony-Anhalt, and like hundreds of German municipalities during the World War I currency shortage, its local Verkehrs-Verein — a traders' or commerce association — stepped in to fill the gap left by the disappearance of small metal coins from circulation. These Verkehrsvereins had no banking authority; they issued notgeld on the strength of local trust alone. The Reichsbank's wartime hoarding of copper and nickel coinage drove even minor market towns to print their own fractional paper.