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25 Pfennig

发行方 Stadt Itzehoe (City of Itzehoe), Schleswig-Holstein, Germany
年份 1921
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流通至 30 September 1921
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背面描述 Striking Jugendstil vignette printed in green and black, dominated by a large stylised globe from behind which two green human hands rise with outstretched fingers, one hand holding a sprig of foliage, set against swirling Art Nouveau wave patterns populated with stylised fish heads. The denomination '25' appears in bold numerals at each upper corner, with the abbreviation 'PF' centred above the globe. A curved banner along the lower edge carries the issuer inscription, with the artist's location credit 'HOLST.' at lower right.
背面铭文 25
PF
25
NOTGELD DER STADT ITZEHOE
HOLST.
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Itzehoe's 1921 Notgeld issue is one of hundreds produced by German municipalities during the severe coin shortage that followed the First World War. The Reichsbank could not keep subsidiary coinage in circulation — metal hoarding and export drained small denominations almost entirely — forcing towns to print their own emergency notes, often at local or regional printers. W. Gente in Hamburg was a practical choice for a Schleswig-Holstein town with easy rail access to the city.

Notgeld of this period was frequently collected rather than spent, which is why so many survive in near-unissued condition today.

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