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20 Pfennig Meyer Kauffmann Textilwerke
| Issuer | Meyer Kauffmann Textilwerke A.-G. |
|---|---|
| Year | 1920 |
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| Value | 20 Pfennigs (20 Pfennige) (0.20) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein über 20 Pfg. Meyer Kauffmann Textilwerke A.-G. Tannhausen-Wüstegiersdorf I. Schl. 1. Juli 1920. Kein gesetzliches Zahlungsmittel (Translation: Voucher for 20 Pfg. Meyer Kauffmann Textilwerke A.-G. Tannhausen-Wüstegiersdorf I. Schl. July 1, 1920. Not legal tender) |
| Reverse description | Unadorned salmon-red paper reverse, entirely covered in a solid block of letterpress-printed Gothic text setting out the conditions of use and redemption deadline of 1 April 1921. No vignettes or border ornaments are present; the text fills the field from edge to edge in justified columns. |
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| Comments |
Meyer Kauffmann Textilwerke A.-G. was a large textile manufacturer based in Lennep, in the Rhineland, and this 20 Pfennig note is a piece of Notgeld — the emergency scrip that flooded Germany between roughly 1916 and 1922 as coin shortages made small-denomination transactions nearly impossible. Industrial firms, municipalities, and even individual shops issued their own paper in these years, creating a patchwork monetary system that the Reichsbank tolerated out of necessity rather than policy.
Company-issued Notgeld of this type was redeemable only within the issuing firm's own sphere — typically at the factory store or against wages — which kept it circulating locally and rarely traveling far.