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5 Pfennig

Issuer Stadt Schkeuditz (City of Schkeuditz)
Year 1918
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Currency Mark (1914-1924)
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Obverse description Olive-grey notgeld printed in black letterpress on a fine guilloche underprint ground. The upper portion carries the issuer inscription 'Stadt Schkeuditz.' above the Gutschein serial number, with the denomination 'Fünf Pfennig' rendered in large Gothic blackletter script at centre. A circular municipal seal vignette is visible as a watermark-style underprint behind the denomination text, and the date of issue 'Schkeuditz, den 15. September 1918' appears below, followed by 'Der Magistrat:' and a manuscript signature. The validity line 'Gültig bis 31. Dezember 1920.' and printer's imprint 'GEBR. PARCUS, MÜNCHEN' are found at the foot, with the numeral '5' repeated in each corner within a decorative border of interlocking ornamental rules.
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Reverse lettering SCHKEUDITZ MAGISTRAT
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Comments

Schkeuditz, a small Saxon town between Leipzig and Halle, issued this note in 1918 as part of the enormous wave of municipal Kleingeldscheine that flooded Germany when coin metal was systematically diverted to war production. Gebrüder Parcus of Munich printed emergency currency for hundreds of German municipalities during this period — their output was competent and consistent, which is partly why so many of these notes survived in collector-grade condition.

The sheer volume printed by Parcus for small issuers like Schkeuditz means genuine scarcity is rare. What drives value here is series completeness, not individual note rarity.

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