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20 Pfennig Raa-Besenbek

Issuer Gemeinde Raa-Besenbek
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Value 20 Pfennigs (20 Pfennige) (0.20)
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Obverse description Letterpress Notgeld note in green and black, with the community name 'Raa-Besenbek' in large Gothic blackletter script forming the centrepiece beneath the legend 'Notgeld der Gemeinde' set within a stylised arch of bold black bands over a green guilloche underprint. Denomination numerals '20' appear at upper left and right in italic script, flanking the issuer's district designation 'Amtsbez. Kurzenmoor'. A validity notice, two facsimile signatures, and a red serial number are arranged along the lower margin.
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Reverse lettering Notgeld der Gemeinde Raa-Besenbek 20 Pfg. 20 Pfg. Arbeit ist des Bürgers Zierde - Segen ist der müh'ge Preis
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Raa-Besenbek is a small municipality in Schleswig-Holstein, and its decision to issue emergency currency — Notgeld — places this note squarely in the chaotic 1918–1922 period when German local authorities, businesses, and even private individuals printed their own small-denomination scrip to compensate for the severe shortage of official coinage. Konrad Hanf was a Hamburg-based printer who produced Notgeld for numerous northern German municipalities during this window, working quickly and at volume.

At the municipal level, these issues were rarely authorized through any formal banking structure — the Gemeinde simply ordered what it needed and distributed it locally.