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2 Pfennig Konsum-, Produktiv-, Spar- und Bauverein
| Issuer | Konsum-, Produktiv-, Spar- und Bauverein für Annaburg und Umgegend e.G.m.b.H. |
|---|---|
| Year | |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Konsum-, Produktiv-, Spar- und Bauverein für Annaburg und Umgegend e. G. m. b. H. 2 |
| Reverse description | Reverse left plain with no printed design or lettering, consisting of bare turquoise paper. |
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| Comments |
Annaburg is a small town in Saxony-Anhalt, and this note was issued not by any bank or municipal authority but by a consumer cooperative — the full name translates roughly as the Consumption, Productive, Savings and Building Cooperative for Annaburg and Surroundings. These cooperative-issued Kleingeldersatz notes proliferated across Germany during the severe small-change shortages of the early Weimar period, when official coinage had effectively vanished from everyday commerce.
At 2 Pfennig, this is among the lowest denominations produced by any private issuer — a value so trivial that printing and distributing it only made sense within a tightly closed cooperative economy where members transacted almost exclusively with one another.