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25 Pfennig

Issuer Municipality of Igelshieb (Thuringia)
Year 1921
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Value 25 Pfennigs (25 Pfennige) (0.25)
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Obverse description Light blue vertically lined underprint with a gold-brown border. A central oval vignette shows a figure carrying a large bundle of timber poles, with a steam train and forested landscape in the background, evoking the local logging and railway industry. The denomination numeral 25 appears in each corner, with the issuing authority legend at top and bottom, and the place name IGELSHIEB in bold lettering to the right of the vignette; the date 1. APRIL 1921 is inscribed to the left.
Obverse lettering 25 NOTGELD DER GEMEINDE 25
1. APRIL 1921
IGELSHIEB
25 DER GEMEINDEVORSTAND 25
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Comments

Igelshieb is a small village in the Thuringian Forest — the kind of settlement that would never have appeared in a numismatic catalog under ordinary circumstances. Its Notgeld issue exists entirely because the Reichsbank's currency supply collapsed under postwar inflation in 1921, forcing even the smallest municipalities to print emergency denominations locally to keep commerce moving. Aug. Heinecke in Rudolstadt handled dozens of these small regional commissions during this period; the firm was well-positioned geographically to serve scattered Thuringian communities that lacked access to larger printing houses.

The hyperinflation that would render all such notes worthless was still two years away.

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