2 Mark

Holzminden's 1921 notgeld issue was produced by Gebrüder Jänecke, a Hannover printing house with deep roots in securities and municipal printing. The firm handled a substantial volume of German notgeld commissions during the 1919–1923 emergency currency period, and their work is generally consistent in registration and ink quality — though that tells you more about the printer than about Holzminden itself.

The Stadt Holzminden, a small Lower Saxon river town on the Weser, issued notgeld primarily to address the chronic coin shortage of the early Weimar years. By 1921, municipal issues of this kind were already being produced partly for collector demand — a market that had developed rapidly and was openly acknowledged by many issuing authorities.