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25 Pfennig

Issuer Magistrat der Stadt Peine
Year 1920
Type Local banknote
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Obverse description Printed in blue and red on cream paper, the note is divided into three vertical panels. The left panel carries the denomination numeral '25' in red over 'PFG' in blue, with the validity clause and serial number below; the central panel bears a letterpress vignette of a Gothic church with a tower set against a streaked sky; the right panel repeats the denomination, gives the issue place and date 'PEINE, 3. JUNI 1920', and carries two manuscript facsimile signatures for the Magistrat and the Bürgervorsteher within a ruled border.
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Reverse description Printed in blue and red on cream paper, the reverse is organised around a central octagonal panel containing the issuing authority text in bold blue letterpress; the four corner sections are filled with ornate blue scrollwork vignettes in a symmetrical pattern, and the denomination '25 PFG' appears in red at lower left and right flanking the central panel. The printer's imprint appears in small capitals along the lower margin.
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Comments

Peine is an industrial town in Lower Saxony whose steelworks — the Peiner Walzwerk, later part of the Ilseder Hütte combine — dominated the local economy. This note was issued by the town magistracy during the early Weimar notgeld wave, when municipal and commercial bodies across Germany plugged the chronic small-change shortage left by wartime metal requisitioning and postwar hoarding of coins.

Gebrüder Parcus in Munich handled an enormous volume of notgeld contracts during this period and produced work of consistently higher technical quality than many regional printers pressed into similar service. The P11.2b suffix in the DeNG reference indicates a recognized variety within the series — likely a color, paper, or typographic variant rather than a reissue proper.

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