25 Pfennig

发行方	Magistrat der Stadt Tangermünde
年份	1921
类型	Local banknote
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正面铭文	GUTSCHEIN ÜBER 25 PFENNIG 25 PFENNIG Alt Tangermünd du Feine / Du Stadt an Türmen reich, / Im Norden ist wohl keine / Die Dir an Schönheit gleich. Ungültig 3 Monate nach Aufruf in den hiesigen Zeitungen. Tangermünde, den 1. April 1921. Der Magistrat: LOUIS KOCH HALBERSTADT TANGERMÜNDE
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背面铭文	25 PFENNIG DAS NEUSTÄDTERTOR TANGERMÜNDE
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备注	Tangermünde's municipal administration issued this Notgeld during the inflationary chaos of the early Weimar Republic, when the Reichsbank was unable to keep small-denomination coinage in circulation. Louis Koch in Halberstadt was a regional printer who handled a significant volume of local emergency currency from Saxony-Anhalt communities during this period — workmanlike output, not a prestige commission. The DeNG reference covering multiple sub-varieties (1308.1-2/3) suggests at least minor printing or paper differences between runs, which is common for municipal issues where a second batch was ordered months after the first.

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