25 Pfennig

发行方	Stadtrat Gera (Thuringia), City of
年份	1921
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面值	25 Pfennigs (25 Pfennige) (0.25)
货币	登录以查看详情
材质	登录以查看详情
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正面描述	登录以查看详情
正面铭文	GERA-REUSS WIRD VON ALLEN STÄDT-KASSEN IN ZAHLUNG GENOMMEN DER SCHEIN VERLIERT SEINE GÜLTIGKEIT AM 1. APRIL 1922 25 PF GERA AM 1.5.1921 DER STADTRAT:
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防伪类型	Watermark
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备注	Gera's 1921 Notgeld issue was part of the vast municipal emergency currency wave that swept Thuringia and the rest of Germany as the Reichsbank struggled to keep small-denomination coinage in circulation during the postwar inflation spiral. The Stadtrat issued these notes as a localized stopgap — legally tolerated, practically necessary, and almost universally collected rather than spent, which is precisely why so many survive in high grade today. The watermark is worth noting: relatively few Thuringian municipal issues at this denomination bothered with it, making the DeNG 1/2#0420.1-1/4 reference series distinguishable from the mass of plainer contemporaries.

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