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25 Pfennig
| Issuer | Stadt Harzgerode (City of Harzgerode) |
|---|---|
| Year | 1921 |
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| Printer | Louis Koch, Halberstadt, Germany |
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| Obverse description | Central vignette of the Harzgerode town coat of arms — a red crenellated tower with an arched gateway set on a white shield, flanked by decorative green foliage — printed in multicolour letterpress. The denomination numeral '25' appears in large green figures on both the left and right flanks of the shield. Text panels at left and lower centre carry inscriptions in Gothic script, with the printer's imprint 'LOUIS KOCH HALBERSTADT' and a serial number in green below the issuer name 'Harzgerode' rendered in ornate Fraktur lettering. |
|---|---|
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| Reverse lettering | 25 25 Fönichen |
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| Comments |
Harzgerode is a small market town in the Harz mountains, and like hundreds of comparable municipalities in 1921, it issued emergency small-change notes — Kleingeldscheine — to compensate for the near-total disappearance of low-denomination coins from circulation. The coin shortage had begun during the war and worsened dramatically with postwar hoarding and metal requisitioning. Louis Koch of Halberstadt was a regional jobbing printer, not a specialist banknote firm, and handled commissions for several Harz-area towns during this period.
The series is common in collector holdings; overprintings and reissues are not recorded for this denomination.