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25 Pfennig

Issuer Geislingen an der Steige, City of
Year 1918
Type Local banknote
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Protection type Watermark
Protection description Wmk: Wellenbündel (bundle of wavy lines pattern)
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Comments

Geislingen an der Steige issued this Kleingeldersatz note in 1918 as small-change coinage had effectively vanished from circulation — hoarded, melted, or redirected to wartime metal demands. Municipal authorities across Germany were empowered to fill the gap with locally issued Notgeld, and Stähle & Friedel in Stuttgart handled production for dozens of such commissions in Baden-Württemberg during this period.

The watermarked paper is worth noting — many comparable municipal issues of 1918 used plain stock, making the security specification here a modest but deliberate step above the bare minimum.

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