25 Pfennig J. Iwersen

Emittente	J. Iwersen, Oldenburg in Holstein
Anno	1921
Tipo	Accedi per vedere i dettagli
Valore	25 Pfennigs (25 Pfennige) (0.25)
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Descrizione del dritto	Light blue and cream Notgeld note with a structured layout of bordered rectangular panels. The upper register bears the issuer inscription in bold blackletter across the central panel, flanked on each side by corner vignettes enclosing the numeral '25' in outlined block figures against a hatched brown ground. A central amber-tinted panel carries a two-line Low German aphoristic legend in bold sans-serif type, while the lower register presents the redemption text within a further bordered panel, with the printer's imprint and the designer's name 'Wilhelm Johannsen' at the lower margin.
Legenda del dritto	Accedi per vedere i dettagli
Descrizione del rovescio	Light blue note with a central amber-tinted vignette captioned 'Alter Hof', rendered in a detailed pen-and-ink style showing a rustic thatched farmstead with a bare tree in the foreground. Denomination panels lettered '25 Pfennig' in bold outlined type appear in the left and right vertical borders. The lower register bears the place name 'Oldenburg i. Holst.' in large outlined display lettering against a horizontally ruled ground, while a row of small blank rectangular panels runs along the upper border.
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Commenti	German municipal Notgeld of this type was produced in enormous quantities between 1918 and 1922, but the J. Iwersen pieces occupy an odd corner of that market — issued not by a municipality or savings bank but by a private merchant, almost certainly as a workaround for the chronic small-change shortage that plagued northern Germany after the war. Private commercial Notgeld was technically illegal under Reich law, yet enforcement was effectively impossible at the local level. C. Fränckel Nchfg. C. Will handled a substantial volume of Holstein regional Notgeld during this period, which kept unit costs low enough to make merchant-issued scrip economically viable even at 25 Pfennig face value.