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25 Pfennig

Issuer Kreis Liebenwerda (District of Liebenwerda)
Year 1920
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Value 25 Pfennigs (25 Pfennige) (0.25)
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Reverse description The reverse is printed in the same blue and dark blue colour scheme, with a fine guilloche crosshatch underprint across the entire field. A central cartouche with ornamental lobed framing contains a detailed vignette of the Kreishaus (district administrative building) of Liebenwerda, rendered in a bold linear illustrative style. The numeral "25" appears in each of the four corners in large bold type, and a caption "Kreishaus Liebenwerda" is inscribed beneath the vignette within the cartouche.
Reverse lettering 25
Kreishaus Liebenwerda
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Comments

Kreis Liebenwerda was a rural district in the Prussian Province of Saxony, and like hundreds of German municipalities it issued its own emergency small-change notes — Kleingeldscheine — during the coin shortage that followed the First World War. The Reichsbank had effectively stopped supplying low-denomination coinage by 1919, forcing local authorities, savings banks, and even individual merchants to fill the gap with improvised paper. District-level issuers like Liebenwerda typically printed in short runs through local printers, which is why many Kreis notes show inconsistent paper quality and hand-stamped authentication marks rather than engraved serial controls.

Collector interest in this material is driven largely by completeness — Liebenwerda issued across multiple denominations in 1920, and the 25 Pfennig is among the harder values to locate in unfolded condition, as pocket-worn examples vastly outnumber intact ones.

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