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25 Pfennig
| Issuer | Stadt Stettin (City of Stettin) |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | 25 Pfennigs (25 Pfennige) (0.25) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gültig bis 31.Juli 1922 Pf 25 Pf ERSATZWERTZEICHEN DAS GEBOT DER STUNDEN HAT MICH ERFUNDEN Stettin,den 1.Januar 1922 |
| Reverse description | Log in to see details |
| Reverse lettering | DEUTSCHLAND GRÖSSTER OSTSEEHÄFEN |
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| Comments |
Stettin's municipal notgeld of 1922 sits at the tail end of Germany's first inflationary wave — issued by the city to plug a chronic shortage of small-denomination Reichsbank coinage that had been effectively driven out of circulation by hoarding and rising metal values. M. Bauchwitz was a local Stettin printing house, which makes this a genuinely regional artifact rather than one of the mass-produced notgeld issues farmed out to Leipzig or Berlin printers for wholesale distribution to collectors.
The watermarked paper is worth noting: by 1922, many municipal issuers had abandoned security features entirely as hyperinflation accelerated and the notes' useful life shortened to weeks. That this issue retains a watermark suggests it was produced early in the year, before the situation became completely unmanageable.