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10 Pfennigs Federal Treasury Note
| Issuer | Federal Republic of Germany (Bundesrepublik Deutschland) |
|---|---|
| Year | 1967 |
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| Composition | Log in to see details |
| Size | 70 x 45 mm |
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| Obverse description | Brown-toned note with a large numeral '10' and the word 'ZEHN PFENNIG' at centre, set against a fine guilloche underprint with radiating lacework patterns. Two symmetrical rosette vignettes flank the central numeral, with small '10' numerals at the upper corners. The inscription 'BUNDESKASSENSCHEIN' runs along the top and 'BUNDESREPUBLIK DEUTSCHLAND' along the bottom. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse carries a large central numeral '10' flanked by the abbreviation 'PF' on both the left and right sides, set within a fine guilloche underprint. An anti-counterfeiting inscription runs across the lower portion of the note. |
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| Comments |
West Germany's tiny Pfennig notes of the 1960s existed not because of monetary necessity but because of a chronic coin shortage — low-denomination coins kept disappearing from circulation, hoarded or simply lost, faster than the mint could replace them. The 10 Pfennig note was the smallest denomination produced under this emergency stopgap policy, printed by the Bundesdruckerei in Berlin, the same institution that had operated under various names since the Imperial era.
These notes circulated heavily and wore out quickly. Survivors in any decent condition are harder to find than their late issue date suggests.