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5 Gulden
| Issuer | Stadt Kaiserslautern (City of Kaiserslautern) |
|---|---|
| Year | 1870 |
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| Composition | Paper |
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|---|---|
| Obverse lettering | 5 FÜNF GULDEN 5 No. Darlehen-Schein der Stadt Kaiserslautern FÜNF GULDEN SÜDDEUTSCHER WAEHRUNG wird von der Stadt Kaiserslautern dem Inhaber dieses Schei- nes drei Monate nach dem Friedensschluß gezahlt. KAISERSLAUTERN, den 31. Juli 1870. UNTERSCHRIFT DES CASSIRERS: DAS BÜRGERMEISTERAMT: |
| Reverse description | Plain paper reverse with a decorative typeset border of repeating ornamental units enclosing a central oval vignette. Within the oval, a Fraktur text block sets out the loan authorization: a municipal loan of fl. 100,000 for industry, approved by the Royal Government of the Palatinate on 23 July and the Kaiserslautern City Council on 28 July 1870, guaranteed by city assets. The denomination 5 fl. südd. Wahr. appears in the top and bottom margins. |
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| Comments |
Kaiserslautern issued this note during the Franco-Prussian War of 1870–71, when the disruption of normal commerce and the hoarding of coin created acute small-denomination shortages across the Rhineland Palatinate. Municipal authorities across Bavaria and the occupied territories issued their own emergency paper to keep trade moving — this is one such instrument, a product of local financial desperation rather than any central banking authority.
The Gulden was already a dying currency unit by 1870; the North German Thaler dominated the north, and unification would render both obsolete within two years when the Mark was introduced in 1871.