25 Pfennig

Monschau's 1921 notgeld series belongs to the second wave of German municipal emergency currency — the so-called "Serienscheine" phase, when towns began competing for collector interest as much as circulating necessity. By 1921 the acute coin shortage that had justified notgeld in 1918–1919 was easing, but the collector market had become its own economic incentive. Many municipalities issued sets specifically to be sold uncut and uncirculated to dealers and hobbyists, generating revenue from the hobby trade rather than commerce.

Lütkens as designer is consistent with several Rhineland municipal issues of the period, though attribution to specific printing houses for Monschau's series remains poorly documented.