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25 Pfennigs

Issuer Magistrat der Stadt Warburg
Year 1920
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Size 110 x 68 mm
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Obverse description Black letterpress on cream paper; a large heraldic eagle with spread wings dominates the centre, perched on a branch. Header reads 'Notgeld der Stadt Warburg / Fünfundzwanzig Pfennig' flanked by '25' numerals. A motto scroll and a city-hall vignette appear below, with issuing authority text, three manuscript signatures, and a red serial number at foot.
Obverse lettering Notgeld der Stadt Warburg
Fünfundzwanzig Pfennig
Wem Gott niemandt vrzage gelük kumpt ndage
Warburg Westf. im Mai 1920
Der Magistrat
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Comments

Warburg's 1920 notgeld issue belongs to the second wave of German municipal emergency currency — after the acute coin shortage of 1917–18 but before the hyperinflationary collapse that made pfennig denominations irrelevant within two years. At 25 Pfennig, this was squarely a change-making instrument, filling the gap left by hoarded coins rather than compensating for any banking failure.

Locally printed issues from small Westphalian towns like Warburg are often more perishable in quality than those contracted to established printers, and paper degradation is a known issue with this category of municipal notgeld.

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