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| 正面描述 | Pink guilloche underprint fills the central field, over which the large numeral '25' and bold letterpress inscription 'PFENNIG' are printed in dark brown ink. Three lines of redemption text in German occupy the lower half, followed by the date 'NORDERNEY, den 20. September 1918' and the issuing authority 'Der Gemeindevorstand' with a manuscript facsimile signature. A braided ornamental border frames the entire note. |
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| 防伪描述 | Geometric pattern watermark in the paper |
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| 备注 |
Norderney's 1918 Notgeld issue is part of the enormous wave of municipal emergency currency that flooded Germany as central bank coins disappeared from circulation — hoarded, melted, or simply unavailable in the quantities a wartime economy demanded. The island municipality, a North Sea resort town, was among hundreds of small authorities forced to print their own fractional denominations to keep local commerce moving.
Edler & Krische, the Hannover firm responsible for this printing, handled a substantial volume of regional Notgeld work during this period. The watermarked paper is an unusual security measure for such a low-denomination emergency issue — most comparable municipal notes of 1918 dispensed with it entirely.