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| Issuer | Stadtrat Gotha (City Council of Gotha, Thuringia) |
|---|---|
| Year | 1922 |
| Type | Local banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse is unprinted save for the show-through of the obverse text and denomination visible in mirror image through the thin paper, with a wave pattern watermark distributed across the entire surface of the plain cream stock. |
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| Protection type | Watermark |
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| Comments |
Gotha's municipal emergency currency from 1922 sits in the dense middle period of German Notgeld inflation issues, when local authorities were printing money not as a novelty but out of necessity — Reichsbank notes were being hoarded faster than they could be distributed. The Stadtrat had both practical motivation and, notably, geography on its side: Gotha was home to Justus Perthes Verlag and had a strong local printing tradition, which gave many Thuringian municipal issues a production quality that outpaced comparable Notgeld from less print-capable towns.
The watermarked paper is the detail worth noting here — relatively few Stadtrat Gotha issues at this denomination bother with it.