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| 正面描述 | 登录 以查看详情 |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | Green note with elaborate guilloche border and corner rosettes. Two large overlapping circular guilloche vignettes carry the denomination numerals "20", with serial number D 016160 at upper right; a red "Agfa Ungültig" cancellation stamp is present at lower right. |
| 背面铭文 | 登录 以查看详情 |
| 签名 | O. F. Oppenheim |
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AGFA — then still primarily a chemical and photographic supplies manufacturer — issued this note as Notgeld during the acute small-change shortage that followed the First World War. The Berlin-Treptow plant had operated continuously through the war years producing photographic chemicals and munitions-related dyes, leaving the company with the administrative infrastructure and workforce to justify private emergency currency. Two printers were involved: J. König & Ebhardt in Hannover handled one print run, Reuter & Steckerl in Berlin the other — a split production arrangement that occasionally produces minor typographic differences between surviving examples.
The watermarked paper distinguishes this issue from the cheaper Notgeld flooding the market in the same period.