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25 Pfennig

Issuer Stadt Cleve (City of Kleve)
Year 1920
Type Local banknote
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Obverse description Dark green notgeld note printed in a Gothic typographic style, with the denomination numeral '25' repeated in each corner within decorative panels flanking a central floral or star-shaped vignette bearing the word 'Gültig'. The central text panel carries the issuer's name 'Stadt Cleve' in blackletter script, a handwritten serial number in red, and the large Gothic denomination inscription 'Fünfundzwanzig Pfennig'. Below, a five-line text clause outlines the validity conditions, dated 'Cleve, den 25. 12. 1920', with the Bürgermeister's manuscript signature reading 'd. Wulff'.
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Signature(s) d. Wulff
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Comments

Kleve's 1920 Notgeld issue belongs to the enormous wave of municipal emergency currency that flooded Germany during the postwar coin shortage — by 1920, the Reichsbank had essentially abandoned any attempt to keep small denominations in circulation, leaving cities to fend for themselves. The Stadt Cleve spelling on this note reflects the older French-influenced orthography still in official use before the name was standardized to "Kleve" in later decades.

The single signature, d. Wulff, likely represents a senior municipal finance official rather than a bank signatory — Notgeld of this type carried administrative rather than banking authority.

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