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25 Pfennig Stefan Angerer
| Issuer | Stefan Angerer, Nürnberg |
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| Year | |
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| Composition | Paper |
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| Obverse description | Pale salmon-toned note printed in black Fraktur typeface on plain paper, with a light blue-grey underprint of the Nuremberg civic arms — a crowned shield bearing a spread eagle with a female bust at its centre — occupying the middle of the field. The large denomination numeral '25' is superimposed in bold across the coat of arms, flanked by the text 'über' and 'Pfg.' The issuer's name and branch locations are set in heavy Gothic letterpress at the foot of the note. |
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| Obverse lettering | Gutschein über 25 Pfg. der Firma Stefan Angerer, Nürnberg Ansbach · Ingolstadt · Regensburg |
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| Comments |
Stefan Angerer was a Nuremberg merchant or tradesman who issued this 25 Pfennig note as Notgeld — emergency small-change scrip — during the coin shortage that gripped Germany after the First World War. Municipal and private issuers alike flooded the market with such pieces between roughly 1916 and 1922, as hoarding stripped copper and nickel coins from everyday commerce. Bieling-Dietz, the Nuremberg printer responsible here, produced a significant volume of local Notgeld for regional clients during this period.
Private-name issues like this one are considerably harder to document than municipal series — the issuer's business type and exact operating dates rarely survived in accessible records.