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5 Mark

Issuer Magistrat der Stadt Peine
Year 1918
Type Local banknote
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Obverse description Green guilloche underprint on pale ground, framed by a fine letterpress border with a geometric dot pattern. The heading 'Notgeld der Stadt Peine' is set in Gothic blackletter at top, below which the denomination 'Fünf Mark' appears in large bold Fraktur script flanked by two small heraldic vignettes; a central oval foliate underprint surrounds the numeral '5'. The issue date 'Peine, den 15. Nov. 1918' appears at lower left, with the issuing authority 'Der Magistrat' and a manuscript signature at lower right, accompanied by a circular red ink official stamp bearing the city arms at upper right.
Obverse lettering Notgeld der Stadt Peine
Fünf Mark
zahlt die Kämmerereikasse der Stadt Peine
gegen diesen Gutschein dem Einlöser
Peine, den 15. Nov. 1918
Der Magistrat
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Comments

Peine is a small industrial town in Lower Saxony, and its wartime Notgeld issues were printed locally — Löffler & Diehl had no pretense of being a security printer. These municipal emergency notes emerged from the severe coin shortage that gripped Germany from 1916 onward, as metal was redirected to the war economy and small change simply vanished from everyday commerce.

The official stamp served as the primary authentication device, which tells you something about the security thinking of a town magistrate working under wartime constraints.

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