2 Pfennig

Aubing was an independent municipality west of Munich when this note was issued, absorbed into the city only in 1942. Like hundreds of Bavarian communities during the 1920 small-change crisis, Aubing resorted to printing its own Kleingeldersatz — substitute coinage — because metal coins had effectively vanished from circulation, hoarded or melted down in the inflationary chaos following Germany's defeat. A 2 Pfennig denomination is among the lowest values produced in the entire Notgeld period, which is what makes it unusual.

The Gra#A30.1b designation places it within a documented but scarce local issue. Hard cardboard stock like this was prone to delamination at the corners.