3 Pfennigs Albert Petersdorf

Albert Petersdorf was a Cottbus-based merchant or tradesman who issued this note during the Kleingeldersatz crisis of 1920, when coin shortages across Weimar Germany prompted thousands of private businesses, municipalities, and cooperatives to print their own fractional emergency currency — Notgeld. At 3 Pfennig, this is an unusually low denomination even within that context; most private issuers targeted 5, 10, and 25 Pfennig values where the coin shortage actually bit hardest.

The Tieste catalogue reference places it firmly within the Brandenburg private issuer series, but Petersdorf remains an obscure name with no surviving commercial records of note.