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20 Mark

发行方	Stadtmagistrat Wolfenbüttel (City of Wolfenbüttel, Federal State of Brunswick)
年份	1918
类型	Local banknote
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正面描述	登录以查看详情
正面铭文	Ungültig Notgeld d. Stadt Wolfenbüttel ZWANZIG MARK 20 Gültig für den Geldverkehr innerhalb der Stadt Wolfenbüttel Der Stadtmagistrat:
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背面铭文	Notgeld der STADT WOLFENBÜTTEL 20 M ausgegeben auf Grund des Beschlusses der städt. Behörden mit Genehmigung des Volkskommissars für die Finanzen im November 1918
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备注	Wolfenbüttel's Stadtmagistrat issued this note under the Kriegsgeld and early Notgeld arrangements that allowed German municipal authorities to supplement the badly strained Reichsbank supply during the final year of the war. The 20 Mark denomination sits at the upper end of what most town-level issuers attempted — most municipalities kept their emergency issues at 1 or 2 Mark to avoid friction with central banking authorities. Brunswick's municipalities operated under a distinct administrative layer, the Freistaat Braunschweig, which gave local magistrates slightly more latitude than their Prussian counterparts. Whether that accounts for the relatively high face value is speculative, but it is at least a reasonable explanation.