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25 Pfennig

Issuer Stadtkasse Raguhn (City of Raguhn)
Year 1921
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Shape Rectangular
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Obverse lettering Notgeld der Stadt Raguhn
Gültig bis 3 Monate nach erfolgter Bekanntmachung.
Zahlstelle: Stadtkasse Raguhn.
der Magistrat: Der Stadtverord.-Vorsiteher
Ausgegeben im August 1921
DRUCK: J. A SCHWARZ, LINDENBERG-ALLGÄU.
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Reverse lettering Öffentliche Bekanntmachung.
Es ist hier ein Gerücht im Schwang,
Daß hier im unterird'schen Gang
Sich eine Gans zu zeigen pflegt,
Die lauter gold'ne Eier legt.-
Wer uns, dem Rat, die Gans einfängt,
Kriegt dieses ganze Geld geschenkt.
Raguhn, den 22. August 1921
Der Magistrat.
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Comments

Raguhn is a small industrial town on the Mulde river in Saxony-Anhalt, and this note is a product of the Kleingeldersatz crisis that gripped Germany in the early Weimar years — the chronic shortage of low-denomination coinage that forced hundreds of municipalities to print their own fractional paper. The Stadtkasse, essentially the city treasury rather than a bank, had direct authority to issue these emergency pieces, and did so through J. A. Schwarz of Lindenberg im Allgäu, a Bavarian printing house that handled notgeld contracts for numerous small issuers simultaneously during this period.

Georg Goldstein's designer credit is worth noting — local notgeld commissions frequently went to regional commercial artists, and the Schwarz firm maintained working relationships with several.

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