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100 Pfennig

Issuer Stadt Heide (City of Heide)
Year 1921
Type Local banknote
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Obverse lettering Gutschein Nr.
hundert Pfennig
SIEGEL DER STADT HEIDE
Dieser Gutschein verliert seine Gültigkeit, wenn er nicht innerhalb dreier Monate nach erfolgter öffentlicher Aufforderung im Heider Anzeiger bei der Stadtkasse Heide eingelöst wird
Der Magistrat
Bürgermeister
Reverse description Brown-on-buff design with an intricate organic foliate underprint filling the field. A central oval vignette presents a left-facing portrait of Klaus Groth, honorary citizen of Heide, set within a plain oval frame. Flanking the portrait on each side is a circular cartouche bearing the numeral '1' above the word 'MARK' in bold letterpress. Horizontal bannerettes at the top and bottom carry inscriptions in Gothic blackletter.
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Comments

Heide is the administrative center of the Dithmarschen district in Schleswig-Holstein, a region with an unusual civic history — it was one of the last peasant republics in medieval Europe, governed without a ruling nobility well into the sixteenth century. By 1921, the city was doing something far more mundane: printing its own fractional emergency currency, like hundreds of German municipalities scrambling to fill the void left by a catastrophic coin shortage. The Reichsbank had effectively stopped supplying small-denomination coinage as metal values outpaced face values.

Notgeld at this level — municipal, single-denomination, issued in the early inflationary period before hyperinflation fully took hold — was often redeemed and destroyed quickly, which accounts for the variable survival rates across the series.

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