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25 Pfennig
| Issuer | Stadt Bayreuth (City of Bayreuth) |
|---|---|
| Year | 1920 |
| Type | Local banknote |
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| Obverse description | Orange and black letterpress notgeld on cream paper, with a fine guilloche underprint of interlaced rosettes carrying a large pale orange numeral '25' watermark-style in the centre field. A banner scroll at top bears the issuer inscription 'STADT BAYREUTH', flanked by symmetrical cornucopia-like scroll vignettes each enclosing the numeral '25' in circular cartouches. The denomination 'GUTSCHEIN ÜBER 25 PFENNIG' is set in bold Gothic type across the centre, with the date 'BAYREUTH 1. Oktober 1920' below, accompanied by two manuscript facsimile signatures above the titles 'STADTRAT' and 'STADTKÄMMERER'. |
|---|---|
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| Reverse lettering | 25 PFENNIG |
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| Comments |
Bayreuth's 1920 Pfennig notgeld belongs to the second wave of municipal small-change notes that flooded Germany after silver and copper coinage had all but vanished from daily commerce. By 1920 the Reichsbank had lost any meaningful control over small denomination issuance, and hundreds of German towns were running their own de facto monetary operations — Bayreuth among them.
The DeNG 6#B13.3 reference places this within a documented subseries, suggesting multiple variant printings for the 25 Pfennig denomination alone, a common complication with Bayreuth issues that makes precise attribution harder than it looks.