25 Pfennig

Bleckede is a small market town on the Elbe in Lower Saxony, and this 25 Pfennig note is Notgeld — emergency municipal scrip issued during Germany's acute small-change shortage of the early 1920s. The issuing authority, the Magistrat des Flecken Bleckede, used the term "Flecken," a specific legal designation for a settlement with market rights but below full-town status, a distinction that mattered administratively even at the height of the inflation crisis.

Gebrüder Jänecke in Hannover was a prolific printer of Notgeld for Lower Saxon municipalities, producing runs for dozens of small issuers simultaneously. Collector demand drove many towns to commission artistically elaborate series specifically for the philatelic trade, though whether Bleckede's issue was purely functional or partly speculative in intent is not recorded.