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10 Pfennigs

Issuer Stadt Waren (City of Waren)
Year 1921
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Value 10 Pfennigs (10 Pfennige) (0.10)
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Obverse description Small-format Notgeld note issued by the City of Waren in the federal state of Mecklenburg-Schwerin, bearing the denomination 10 Pfennige in bold letterpress. The face carries the municipal authority text and issue date within a simple typographic layout typical of emergency currency of the early Weimar period. A decorative border frames the central text panel.
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Reverse description The reverse presents a plain typographic design consistent with small-denomination Notgeld issues of 1921, with the redemption or validity clause and the denomination restated within a ruled border. The layout is characteristic of municipally issued emergency paper of Mecklenburg-Schwerin.
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Comments

Waren is a small lakeside town in Mecklenburg, and like hundreds of German municipalities in 1921, it printed its own emergency fractional currency — Kleingeldscheine — to address the chronic small-change shortage that followed the First World War. The Reichsbank had neither the capacity nor the political will to keep low-denomination coinage in circulation as inflation began accelerating, leaving towns to fill the gap themselves.

Municipal issues of this type were printed in enormous variety but often tiny quantities, making survival rates wildly inconsistent across series even from the same issuer.

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