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| 正面描述 | The left half of the note presents a folk-art vignette on a white ground, composed of a tall branching plant with pale green foliage rising from a grassy tuft, beside which a golden bird with outstretched wings is shown in flight. The right half is set on a solid yellow-orange field carrying the large red denomination numeral '20' above the bold red letterpress inscription 'PFENNIG', followed below by the issuing authority text in spaced red capitals. A heavy black outer border frames the entire composition. |
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| 背面描述 | The reverse is organised around two symmetrically positioned yellow decorative urns with scrolled handles and floral arrangements in pink and yellow at their rims, flanking a central yellow oval cartouche suspended from a ribbon device. The cartouche contains, in black letterpress, the expiry notice and two facsimile signatures of the issuing officials, while the serial number is typeset in red within a rectangular yellow panel below. The printer's imprint appears in small black type along the lower margin. |
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Osterhorn is a village in the Hoernerkirchen district of Holstein, and its municipal Notgeld issues of 1921 belong to the second wave of German small-change emergency money — driven not by wartime disruption but by the chronic coin shortage that persisted well into the early Weimar period. Municipalities at this scale rarely commissioned their own printing; the assignment to Konrad Hanf in Hamburg reflects how deeply the Notgeld business had penetrated local commercial printing firms by this point.
Hanf produced notes for dozens of small Holstein issuers during this period, which makes individual attribution straightforward but also means the physical quality varies considerably across the run.