25 Pfennig Braunschweigische Staatsbank

The Braunschweigische Staatsbank was one of the smaller regional issuing institutions still operating during the Weimar-era small-change crisis of 1921, when a nationwide coin shortage — driven by metal hoarding and postwar inflation — forced local banks, municipalities, and even private businesses to flood the economy with low-denomination Kleingeldscheine. This 25 Pfennig note was a direct product of that emergency.

Günther Clausen, a Brunswick-based graphic artist, handled design work for several of the Staatsbank's Kleingeldscheine issues. The watermarked paper was an unusual security measure for notes of this denomination and brief intended lifespan — most comparable issues from the period skipped it entirely.