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25 Pfennig

Issuer Kreisausschuss des Kreises Calbe an der Saale
Year 1920
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Value 25 Pfennigs (25 Pfennige) (0.25)
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Obverse description Printed in red on pink paper, the obverse is framed by a decorative rectangular border with a fine guilloche underprint covering the entire field. The large numeral "25" appears at upper centre in bold black Gothic type, flanked on either side by the year "1920", with the denomination "Pfennig" immediately below. The central legend reads "Gutschein des Kreises Calbe" in bold Fraktur script, followed by the issuing authority "Der Kreisausschuß des Kreises Calbe" and the redemption clause "Einlösbar bei der Kreis-Kommunal-Kasse zu Calbe a/S.", with manuscript signatures of district officials below.
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Reverse description The reverse, also printed in red on pink paper with a guilloche underprint, carries the denomination numeral "25" at each corner. A central oval vignette contains a view of a tall medieval tower amid a landscape, flanked on the right by a circular official stamp reading "PREUSS. LANDRAT KREISES CALBE" with a Prussian eagle device. Above the vignette, the word "Gutschein" appears in bold Fraktur, with a serial number below it, followed by a validity clause stating the voucher loses validity one month after announcement in the Calbeschen Kreisblatt, and the inscription "des Kreises Calbe" at the base.
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Comments

Calbe an der Saale is a small district in Saxony-Anhalt, and this 1920 emergency issue belongs to the first wave of municipal Notgeld that flooded Germany during the post-WWI economic disruption. The Kreisausschuss — the district committee — had no central banking authority behind it, only the legal ambiguity that briefly permitted local administrative bodies to issue fractional paper denominations when small change had effectively disappeared from circulation.

District-level Notgeld from Kreis administrations is meaningfully rarer than town-issued pieces from the same period; most collectors focused on the prolific municipal series, and Kreis issues were overlooked in contemporary accumulations.

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