25 Pfennig

Wohlau — now Wołów in Lower Silesia — was a small Prussian kreisstadt whose municipal savings bank issued this note during the Weimar-era notgeld wave of 1921, when chronic coin shortages forced thousands of local authorities to produce their own fractional currency. Appelhans Verlag in Braunschweig was a prolific printer of provincial notgeld, supplying municipalities across northern and central Germany with competent if unspectacular small-denomination pieces.

The Sparkasse series from Wohlau attracted little collector attention at the time of issue and remains modest today — useful primarily as documentary evidence of how deeply the postwar coinage shortage penetrated even minor administrative centers.