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| 正面描述 | Black on yellow-beige paper. A central oval vignette encloses a standing female allegorical figure on a pedestal, rendered in fine letterpress. The denomination numeral '20' appears in large script at both upper corners above the inscription 'PFENNIGE'. A circular legend surrounds the oval frame, and the serial number appears in a ruled rectangular panel at the base. |
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| 背面铭文 | 20 PFENNIGE · WENNHIE · MT · LUST · ZUR · ARBEIT · GEH'N · DANN · WERDEN · WIR · BALD · BESSER · STEH'N · VON EIN MALTEN FESTUNGSTOR · GÜL TIG 8 TAGE NACH AURUF · STADTRAT |
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Königshofen im Grabfeld is a small Franconian town in what is now northern Bavaria, and like hundreds of German municipalities it issued emergency paper money — Notgeld — during the currency chaos that followed the First World War. The Stadtrat, the town council, had no banking infrastructure and no formal printing authority; these small-denomination notes existed purely to plug the coin shortage that made everyday commerce nearly impossible by 1917–18.
At 20 Pfennig, this note was strictly local tender, redeemable only within the issuing municipality and worthless beyond it.