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| Issuer | Gemeinde Neugraben-Hausbruch |
|---|---|
| Year | 1921 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | 40 Pf. Pf. 40 Notgeld der Gemeinde NEUGRABEN-HAUSBRUCH Gültig nur innerhalb der Ortschaften Neugraben, Hausbruch, Alt- und Neuwiedenthal bis zum 31. März 1922. Neugraben-Hausbruch, den 15. August 1921. Nr. Der Gemeindevorsteher zu Neugraben – Landkreis Harburg Of unf Gold is nich beter, as dat Husbroof-Liegrobener Notgeld. |
| Reverse description | The reverse carries a colourful humorous vignette in the Expressionist Notgeld illustrative style, printed in sepia, red, and black. Three figures in hikers' attire are shown in a heath landscape near a red-and-white striped signpost bearing the directions 'Zur Wander-Vogel-Herberge' and 'Zum Schweizer Stall'; one hiker has apparently tumbled to the ground. The denomination '40' is repeated in each corner against the guilloche border, with the caption 'Wander-Vogel-Paradies in der Neugrabener Heide' set in gothic lettering above and below the central vignette, and Low German proverbs printed vertically along the side margins. |
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| Comments |
Neugraben-Hausbruch was a small community southwest of Hamburg that, like hundreds of German municipalities in the early 1920s, resorted to issuing its own emergency paper currency — Notgeld — as small-denomination coinage vanished from circulation amid postwar economic instability. The 40 Pfennig denomination is an oddity even within Notgeld, where 25, 50, and 75 Pfennig values were far more common; the choice suggests this was calibrated to local pricing needs rather than issued speculatively for collectors.
By 1923, the hyperinflation crisis rendered all such municipal Pfennig notes worthless overnight.