20 Mark

Annaberg-Buchholz, deep in the Erzgebirge, had been a silver-mining center since the early sixteenth century, but by 1918 the district was scraping for something far more mundane: small-denomination emergency money to keep commerce moving as Reichsbank notes drained toward wartime expenditure. The Amtshauptmannschaft — a Saxon administrative tier roughly equivalent to a county executive office — had authority to issue Notgeld under wartime accommodation rules, though the practical impetus was simply that change had become impossible to find.

The DeNG 3 series for this district is modestly scarce in higher grades due to the rough handling these notes received in everyday retail use during the final war months.