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| Issuer | Bad Kudowa (Lower Silesia), Municipality of |
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| Year | 1921 |
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| Printer | J. F. Steinkopf, Stuttgart, Germany |
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| Obverse description | Central oval vignette contains a nude female figure seated on a rocky shoreline, her body turned three-quarters toward the viewer, with a tall waterfall and lush greenery in the background, rendered in a colourful Art Nouveau style. The denomination "25 Pfg." appears in large figures at both left and right, with "BAD KUDOWA" inscribed in bold lettering above the central vignette. The outer border is composed of a repeating pink and blue diamond guilloche pattern, and the legend "ERSTES HERZ- U. NERVEN-HEILBAD DES OSTENS" is printed beneath the vignette alongside a handwritten serial number. |
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| Obverse lettering | BAD KUDOWA 25 Pfg. EINLÖSUNG ERFOLGT I.D. GMDE. KASSE BAD KUDOWA INNERHALB 3 MONATEN NACH ORTSÜBL. BEKANNTMACHUNG ZAHLBAR MIT 25 PFENNIG GEMEINDEVORSTAND BAD KUDOWA I. SCHLES. ERSTES HERZ- U. NERVEN-HEILBAD DES OSTENS No 051407 |
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| Comments |
Bad Kudowa — now Kudowa-Zdrój in southwestern Poland — was a spa town in Silesian Prussia whose municipality issued this note during the acute small-change shortage that paralyzed German retail commerce in the early 1920s. The Steinkopf firm in Stuttgart produced enormous volumes of Notgeld for municipalities across the Reich during this period, which makes their output technically consistent but rarely distinctive.
The issuer's identity matters here more than the printer's. Kudowa's economy ran almost entirely on health tourism, and its Kurnotgeld served a dual purpose: genuine emergency currency and a souvenir item sold to spa visitors, which is precisely why so many examples survived uncirculated.