Catalog
25 Pfennig
| Issuer | Stadt Goslar (City of Goslar) |
|---|---|
| Year | 1920 |
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| Composition | Log in to see details |
| Size | 82 × 53 mm |
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|---|---|
| Obverse lettering | Stadt Goslar am Harz 25 Dieser Gutschein ist gültig bis 1. Juni 1923 und wird von unserer Kämmereikasse eingelöst. Goslar/im Juni 1920 Der Magistrat Kluge 25 |
| Reverse description | The reverse is set on a tan-gold ground with a large decorative initial 'F' in Fraktur occupying the upper left, beside which a robed medieval figure — the so-called Dukatenmann — is rendered in intaglio-style line engraving. The denomination 'Fünfundzwanzig Pfennig' is inscribed in Gothic lettering across the top, and a four-line verse in period script occupies the centre, interspersed with small ornamental vine borders. To the right, a framed vignette presents a detailed townscape of Goslar's market square with the collegiate church towers visible against a lightly tinted sky. |
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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.