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25 Pfennig
| Issuer | City of Jena (Universitätsstadt Jena), Thuringia, Germany |
|---|---|
| Year | 1921 |
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| Printer | Ant. Kämpfe, Jena, Germany |
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| Obverse description | Light green Notgeld note with a decorative outer border of alternating gold and black sawtooth ornaments. A flowing ribbon banner across the upper portion bears the Gothic-script title inscription, below which a small angel vignette surmounts a large dark oval cartouche containing the bold numeral '25' flanked on either side by hexagonal 'Pf.' denomination panels. Validity text appears at left and right of the central cartouche, with the issue date and place at the bottom centre flanked by the manuscript signatures of the Gemeindevorstand and Gemeinderat, and the printer's imprint 'Ant. Kämpfe-Jena' beneath the lower border. |
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| Reverse lettering | die Jenaer Kurrende am Hanfried-Denkmal. 25 25 |
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| Comments |
Jena's 1921 Notgeld issue was one of thousands of municipal emergency currency series produced across Germany during the inflationary spiral that followed the First World War. The Reichsbank had lost meaningful control of small-denomination supply, and cities, towns, and even individual businesses were legally permitted to fill the gap themselves. Ant. Kämpfe was a local Jena printing firm — not a specialist banknote printer — which is typical of the decentralized improvisation that defines the Notgeld period.
Jena's identity as a university town almost certainly influenced the series design choices, though the collector market for Notgeld was already active by 1921, and many municipalities issued deliberately attractive pieces knowing hobbyists would pull them from circulation immediately.