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25 Pfennigs

发行方 Magistrat der Stadt Schwanebeck
年份 1919
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形状 Rectangular
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正面描述 Light blue-green notgeld on white paper with a decorative guilloche border framing the entire note. The denomination numeral '25' appears in ornamental cartouches at upper left and upper right, while the issuer legend in bold blackletter gothic script reads 'Gutschein der Stadt Schwanebeck' across the upper portion, with the value spelled out in full beneath. Below, a text block states the conditions of validity and announces the expiry date, followed by the place and date 'Schwanebeck, im Januar 1919' and the issuing authority 'Der Magistrat' with a manuscript signature; the printer's imprint 'Louis Koch, Halberstadt' appears at the foot.
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背面描述 The reverse is plain white paper with no printed design, showing only faint show-through of the obverse text visible through the thin paper stock, confirming the single-sided printing typical of small-denomination Notgeld issues of this period.
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Schwanebeck is a small town in Saxony-Anhalt, and this 25 Pfennig Notgeld note is exactly what you'd expect from the flood of emergency municipal issues that followed Germany's post-WWI economic dislocation — local authorities stepping in when the Reichsbank couldn't keep small change in circulation. Louis Koch of Halberstadt was a regional commercial printer, not a specialist banknote firm, which shows in the workmanship.

The Gra#S55.1b designation indicates a catalogued variety within the Schwanebeck series, suggesting at least minor printing or paper differences exist between issues — worth checking against S55.1a if provenance matters.

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