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10 Pfennigs

Issuer Magistrat der Stadt Neustadt in Holstein
Year 1917
Type Local banknote
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Obverse description Letterpress-printed Notgeld on white paper with a decorative chain-link border. The central text reads "Gut für 10 Pfennig" in bold Gothic type, with issuance date and municipal authority inscription below. Three handwritten signatures appear at the foot, representing Der Magistrat and Das Stadtverordneten-Kollegium, over a light guilloche underprint.
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Reverse description Plain white paper with a decorative chain-link border matching the obverse. A horizontal orange guilloche band bearing the denomination "ZEHN PFENNIG" runs across the centre, partially overlaid by a circular blue stamp. Redemption conditions are set out in full-width Gothic letterpress text above and below the band, with the printer's imprint at the foot.
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Comments

Neustadt in Holstein's 1917 Notgeld issue belongs to the first systematic wave of German municipal emergency currency, triggered by the Reichsbank's decision to withdraw small-denomination coins from circulation as the military's metal demands escalated. Towns were left to paper over the gap themselves, and thousands did exactly that — which is why Kleingeldscheine of this period exist in such bewildering variety today.

J. C. König & Ebhardt of Hannover were primarily a commercial stationery and security printing house, not one of the prestige engravers. Functional work, modest production values.

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