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25 Pfennig
| Issuer | Stadt Ansbach (City of Ansbach) |
|---|---|
| Year | 1920 |
| Type | Local banknote |
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| Obverse description | The obverse is dominated by a large circular vignette enclosing the bold numeral '25' in heavy Gothic-style typeface, with a faint underprint of a church tower visible behind the denomination. The border is composed of an ornamental frame with repeating stylized motifs and 'Pf' abbreviations at each corner. A lower text panel contains the serial number, validity inscription, issuing authority, date, and the signature of the Bürgermeister. |
|---|---|
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| Reverse description | The reverse presents a detailed line-art vignette of the Ansbach city gate (Stadttor) with its tall central clock tower flanked by two smaller towers, rendered in an Expressionist woodcut style typical of German Notgeld issues. Below the tower, the city's heraldic shield displays a diagonal band with three fish and a millstone, set against a divided field. The denomination '25' appears in large numerals at the upper left and upper right corners, with a text panel at the bottom. |
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| Comments |
Ansbach's 1920 Notgeld issue belongs to the first major wave of municipal emergency currency that flooded Germany as the central government's coin supply collapsed under postwar austerity and hoarding. Cities, towns, and even individual businesses were legally permitted — briefly — to fill the gap themselves. The practical result was thousands of locally distinct issues, Ansbach's among them.
Paper Notgeld at this denomination was already being displaced by higher-value issues by late 1921 as inflation accelerated. Twenty-five Pfennig bought progressively less with each passing month.