25 Pfennig

Rodach — properly Rodach bei Coburg — occupied an awkward political position in 1920. The town sat on the Thuringian-Bavarian border, and the Coburg region's formal incorporation into Bavaria didn't occur until July 1920, following a referendum. This Notgeld issue falls squarely in that transitional window, technically issued under Bavarian municipal authority but printed by Gebrüder Parcus in Munich, a firm that handled a substantial share of Bavarian emergency money during the postwar currency shortage.

Parcus maintained consistent typographic standards across their Notgeld commissions, which is why many small Bavarian municipal issues from this period share a recognizable visual sobriety compared to the more flamboyant series coming out of northern German towns at the same time.