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20 Pfennig
| Issuer | Schmölln (Thuringia), City of |
|---|---|
| Year | 1921 |
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| Composition | Log in to see details |
| Size | 97 × 62 mm |
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|---|---|
| Obverse lettering | 20 Pf Notgeld der Stadt Schmölln Sachs. Altb. Nach Schmelle willt'e mit dan schien'n Jeegenkase? He, Morje – nee – dan wull mr lieber salwer asse! |
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| Reverse lettering | Stadt Schmölln 5. A. Ausgabe: 1921. Gültig bis … 1 Monat nach Abruf ander Sprotte Pix Der Stadtrat. Schneider & Co A.-G. Altenburg |
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| Comments |
Schmölln, a small leather-goods town in Thuringia, issued this note during the acute small-change shortage that paralyzed retail commerce across Germany in 1921. Bundesbank coin production simply could not keep pace with inflation-driven hoarding, and hundreds of municipalities resorted to printing their own Kleingeldersatz — substitute small change — under emergency provisions that Berlin tolerated out of necessity rather than enthusiasm.
Schneider & Co. in nearby Altenburg handled enormous volumes of such municipal work during this period, printing for dozens of Thuringian communities simultaneously. The proximity of printer to issuer was practical: short delivery runs, faster turnaround, lower cost.