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25 Pfennig

Issuer Stadtgemeinde Neustadt (Orla)
Year 1918
Type Local banknote
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Obverse description Plain beige paper note with a double-rule border enclosing all text set in Gothic (Fraktur) typeface. The issuer legend "Stadtgemeinde Neustadt (Orla)." runs along the top, with the numeral "25" flanking a central guilloche underprint that incorporates the town name in a repeat pattern. The denomination in words "Fünfundzwanzig Pfennig" is printed in large Fraktur script across the centre, below the word "Gutschein über", with the date "Neustadt (Orla), 14. Juni 1918." and the authority line "Der Stadtgemeindevorstand." beneath; a green oval town seal with a castle vignette appears at lower left, and a bold circular "25" cartouche occupies the lower right corner.
Obverse lettering Stadtgemeinde Neustadt (Orla).
Gutschein
über
Fünfundzwanzig Pfennig
Neustadt (Orla), 14. Juni 1918.
Der Stadtgemeindevorstand.
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Comments

Neustadt an der Orla is a small Thuringian market town, and its 1918 Notgeld issue belongs to the first wave of municipal emergency currency that swept Germany as wartime coin hoarding drained small denominations from circulation. The Reichsbank had effectively abandoned the problem, leaving towns to improvise. Most first-wave issues like this one were plain, quickly printed, and intended for immediate local use — not the decorative collector pieces that followed in 1920–1921.

Paper quality and ink stability vary considerably across surviving examples of this early Thuringian municipal Notgeld, as wartime material shortages affected printers throughout the region.

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