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25 Pfennig
| Issuer | Stadt Goslar (City of Goslar) |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | 25 Pfennigs (25 Pfennige) (0.25) |
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| Composition | Log in to see details |
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| Obverse description | The upper portion carries the town name in bold Gothic script within a decorative frame. The central vignette presents the heraldic shield of Goslar — a green field bearing a black eagle — supported on either side by two standing male figures, with stylised fir trees filling the lateral panels in black and tan. The lower register contains the validity and redemption text flanked by the denomination numeral '25' in green on both sides, with a manuscript signature below. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Fünfundzwanzig Pfennig An Goslars Markt steht man den alten Dukatenmann des Amtes walten, Das Männlein steht noch treu am Ort, Das Gold ist leider Gottes fort. |
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| Comments |
Goslar's 1920 Notgeld issue came out of the same municipal emergency that drove hundreds of German towns to print their own fractional currency following the postwar coin shortage. The Reichsbank simply could not keep small denomination metal coinage in circulation — hoarding and melting pulled it out almost immediately — so municipalities stepped in under provisions that, strictly speaking, were never fully authorized at the federal level.
Goslar had particular reason to lean into its local identity: the town's medieval imperial history made its Notgeld a collector target almost from the moment of issue, and the city's finance office knew it. Many of these 25 Pfennig notes were absorbed by Notgeld collectors rather than spent, which complicates any attempt to assess true circulation wear patterns for the series.