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20 Pfennig

Issuer Stadt Merseburg (City of Merseburg)
Year 1921
Type Local banknote
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Obverse description Blue and dark navy letterpress note with a dark outer frame enclosing the denomination numeral '20' in large bold figures at centre, flanked by 'Pf.' on either side. A central vignette presents the civic heraldic raven of Merseburg perched within a wreath, holding a key in its beak. The date 'den 1. Mai 1921' appears vertically at left, two facsimile signatures with the legend 'Der Magistrat' are at lower right, and a serial number is printed at lower left; the printer's imprint 'GEBR. PARCUS, MÜNCHEN.' appears below the note border.
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Reverse lettering 20 Pf.
Das alte Rathaus
A. Wegner
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Comments

Merseburg's 1921 Notgeld issues were part of the vast wave of municipal emergency currency produced across Germany as coin shortages and post-war inflation made small-denomination Reichsmark coinage effectively unavailable. Gebrüder Parcus of Munich — a respected commercial printer with a substantial Notgeld client list — produced this piece to a finish well above what the economics of small-change replacement strictly required.

A. Wegner's design credit is worth noting: Parcus regularly commissioned named artists for municipal clients, which pushed Merseburg's scrip into the collectible tier almost immediately upon issue.

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