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20 Pfennig Kurzenmoor

Issuer Gemeinde Kurzenmoor (Municipality of Kurzenmoor)
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Value 20 Pfennigs (20 Pfennige) (0.20)
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Obverse description Orange and black letterpress Notgeld note with a bold outer border enclosing Art Nouveau decorative corner vignettes; the issuer name 'Gemeinde Kurzenmoor' is set in large Gothic blackletter script at centre, flanked symmetrically by two circular denomination medallions each bearing the numeral '20' over 'PFENNIG'. A serial number cartouche appears at top centre, with two signature lines below for the Amtsvorsteher and the Finanzausschuss, and a ruled validity notice at foot reading 'DIESER SCHEIN VERLIERT SEINE GÜLTIGKEIT AM 31. DEZEMBER 1921', with the printer's imprint 'KONRAD HANF HAMBURG 8' at the lower margin.
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Reverse lettering Notgeld der Gemeinde 20 Pfg. 20 Pfg. Kurzenmoor
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Kurzenmoor is a small village in Holstein, and its decision to issue notgeld reflects the acute small-denomination coin shortage that hit German municipal authorities hard from 1916 onward. Gemeinde-level issues like this one were typically authorized locally and printed in modest quantities — a Hamburg printer serving a Hamburg-area village suggests a straightforward regional arrangement rather than any coordinated emergency program.

Konrad Hanf produced notgeld for numerous small northern German issuers during this period. The runs were often tiny, and many notes were redeemed quickly once Reichsbank policy shifted toward flooding the market with low-denomination paper in 1917–1918.