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20 Pfennig

Issuer Stadtmagistrat Nördlingen
Year 1918
Type Local banknote
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Obverse description The note is printed in black and red on white paper and divided into three vertical panels. The left panel carries the text 'Gutschein über zwanzig Pfennig' above the large numeral '20' and the word 'Pfennig' in bold Gothic script, with 'Nördlingen' and the date 'am 2. Oktober 1918' below, all set over a red typographic underprint. The central panel contains a letterpress vignette of a medieval round tower with a domed cap, surrounded by foliage, enclosed within a ruled border. The right panel mirrors the left with the numeral '20' and 'Pfennig' over a matching red underprint, accompanied by the validity inscription 'gültig bis zum 31. Dezember 1919' and the issuing authority's signature lines.
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Reverse lettering NÖRDLINGEN
20
Pfennig
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Comments

Nördlingen's municipal authority issued this 20 Pfennig note in 1918 as Notgeld — emergency small-change scrip produced when wartime metal shortages stripped Germany's coins from circulation almost entirely. Thousands of German towns and municipalities did the same, each printing their own stopgap denominations, and the resulting collecting craze that followed the war's end pushed many issuers to print far beyond genuine need.

Whether this particular piece was issued for circulation or partly with collectors in mind is a reasonable question — by late 1918, the Notgeld market had already taken on a commercial dimension that had little to do with local monetary necessity.

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