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25 Pfennig

Issuer Stadt Buxtehude (City of Buxtehude)
Year 1920
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Value 25 Pfennigs (25 Pfennige) (0.25)
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Obverse description The obverse is printed in black and yellow on white paper, with a yellow checkerboard underprint bearing repeated numeral '25' across the central field. The city arms of Buxtehude — a shield charged with two crossed keys and a cross — occupy the centre, flanked on the left by a vignette of a Gothic church with a tall spire and on the right by a vignette of a hilltop building. Below each lateral vignette, a sunburst medallion bears the denomination numeral '25' with the legend 'PFENNIG'. The entire composition is enclosed within a decorative yellow and black border with corner ornaments.
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Reverse description The reverse is printed in black and yellow on white paper and carries a panoramic skyline vignette of Buxtehude along the upper register, with a running hare at centre flanked by two hedgehogs. The central panel shows a blacksmith at his anvil, hammer raised, set against a yellow-tinted background with a Low German dialect verse in letterpress. To the left, a text panel states the validity conditions; to the right, the issuing authority and two manuscript signatures appear. Sunburst denomination medallions marked '25 PFENNIG' are repeated at lower left and lower right, and the printer's imprint 'H. O. Persiehl, Hamburg.' is printed below the lower border.
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Comments

Buxtehude is one of hundreds of German municipalities that issued Notgeld during the 1920–1921 small-change crisis, when hoarding of metal coinage left everyday commerce effectively paralyzed. The city turned to H. O. Persiehl in Hamburg — a regional commercial printer rather than a specialist banknote house — which was entirely typical for municipal issues of this kind. Quality and security features were essentially irrelevant at this level; the notes circulated locally and were expected to be redeemed within months.

Most Buxtehude Notgeld was eventually withdrawn and destroyed during the official redemption drives, making surviving examples more a product of deliberate keeping than accident.

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