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10 Pfennigs red issue

Issuer Kreissparkasse zu Diepholz (District Savings Bank of Diepholz)
Year 1920
Type Local banknote
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Obverse lettering GUTSCHEIN für den KREIS DIEPHOLZ über 10 PFENNIG 10
Einlösung erfolgt jederzeit durch die unterzeichnete Kasse bis 3 Monate nach erfolgtem Aufrufe in der „Diepholzer Kreiszeitung”.
Diepholz d. 1. Sept. 1920. Kreissparkasse zu Diepholz.
Reverse description Red-printed vignette within an oval frame shows a goose standing in a marshy landscape with reeds and clouds; denomination numerals appear in each corner against a fine line-ruled underprint.
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Comments

Diepholz is a small administrative district in Lower Saxony, and this note is exactly what one would expect from a rural German savings institution scrambling to fill the coin vacuum of 1920. The severe postwar shortage of copper and nickel coinage pushed hundreds of local authorities — municipal governments, savings banks, transport companies — into issuing their own Kleingeldersatz, small-change substitutes, under emergency powers. Gebrüder Jänecke in Hannover handled enormous volumes of this work for Niedersachsen issuers, which means production quality is consistent but the notes themselves were never intended to outlast the shortage.

Three authorizing signatures is slightly unusual for a note of this denomination — most comparable Notgeld of this value carried one or two.

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