Catalog
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| Issuer | Stadtkasse Lübeck |
|---|---|
| Year | 1921 |
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| Value | 20 Pfennigs (20 Pfennige) (0.20) |
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| Obverse description | Salmon-coloured note enclosed within a red rectangular border, with a large stylised numeral '20' in red at centre, rendered in an ornate calligraphic hand with curling flourishes, set against a radiating sunburst underprint in orange. The validity inscription arcs across the upper field, and the issuing authority details with date appear along the lower portion, accompanied by a facsimile signature. |
|---|---|
| Obverse lettering | GÜLTIG BIS 31. DEZEMBER 1921 LÜBECK, 1. APRIL 1921 STADTKASSE LÜBECK |
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| Comments |
Lübeck's municipal treasury issued small-denomination Notgeld in enormous quantities between 1919 and 1922, driven by the chronic shortage of fractional coinage that plagued Germany's postwar economy. The Reichsbank could not keep pace with demand for low-value coins, so thousands of municipalities, firms, and institutions printed their own emergency paper — legally tolerated, not officially sanctioned.
Gebrüder Borchers was a local Lübeck printer, which made these genuinely municipal objects: conceived, printed, and circulated within the same city. At 44 × 36 mm, the note is barely larger than a postage stamp.