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25 Pfennig
| Issuer | Volkstedt (Thuringia), Municipality of |
|---|---|
| Year | 1921 |
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| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Ausgegeben 1.9.1921. Der Gem.-Vorst. 25 Pf. Gültig bis auf Widerruf durch ortsübliche Bekanntmachung A. STORCH |
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| Protection description | No watermark |
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| Comments |
Volkstedt is a small porcelain-manufacturing town in Thuringia, better known for its eighteenth-century hard-paste porcelain works than for any monetary history. This note belongs to the vast wave of German municipal Notgeld issued in the early 1920s as chronic small-change shortages forced local authorities to print their own fractional currency — the Reichsbank simply could not keep low-denomination coin in circulation fast enough to meet demand.
The watermarked paper is worth noting: many comparable small-municipality issues of this period used plain stock, making the security feature here slightly above the norm for Kleingeldscheine of this value.