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| 背面描述 | The reverse is printed in black and red and centres on the heraldic shield of Emmerich — a red field charged with a white fortified tower flanked by two smaller turrets, above a crenellated battlement, all within an ornate cartouche of scrolling acanthus foliage rendered in red and black. The town name 'EMMERICH' is set in large bold sans-serif capitals beneath a red rule at the top of the design, with the denomination '25' repeated in Gothic numerals in the upper corners. The designer's name 'Terhorst' appears in manuscript at the lower left. |
| 背面铭文 | EMMERICH 25 Terhorst = |
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Emmerich's 1920 notgeld issue came out of the severe coin shortage that plagued German municipalities in the immediate postwar years — the Reichsbank simply could not keep fractional coinage in circulation fast enough to meet demand, forcing hundreds of towns to commission their own emergency paper. Gebrüder Parcus in Munich was one of the more prolific printers of this municipal small change, handling commissions from towns across the Reich with consistent technical quality.
The watermark security feature is worth noting — many notgeld issues of this period skipped it entirely, treating the notes as purely temporary instruments not worth the added production cost. Its presence here suggests Emmerich's city council took the issue more seriously than most.