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20 Pfennig

Issuer Magistrat der Stadt Caub
Year 1920
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Currency Mark (1914-1924)
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Obverse description Plain buff-coloured note printed in dark brown Kurrent-style letterpress typography throughout. The heading 'Gutschein der Stadt Caub' appears at the top, followed by the large denomination legend 'Zwanzig Pfennig' in bold Gothic script. Below, the issuing authority 'der Magistrat:' is cited above five cursive manuscript signatures, with a two-line validity notice and a serial number at the foot; the printer's imprint 'GEBR. PARCUS MÜNCHEN.' appears at the lower right.
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Reverse lettering STADT CAUB
20
PFENNIG
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Comments

Caub — the small Rhine town known primarily for the Pfalzgrafenstein toll castle mid-river — issued this note during the acute small-change famine that paralyzed German retail commerce in 1920. Bundesbank-level coin shortages forced hundreds of municipal and commercial bodies to print their own Kleingeldersatz, and Caub was among the more geographically obscure issuers to do so. Gebrüder Parcus of Munich was one of the dominant Notgeld printers of the period, handling commissions from municipalities across Bavaria and beyond, which accounts for the professional finish on issues from even the smallest towns.

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