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5 Pfennig

Issuer Stadtgemeinde Auma (Thuringia)
Year 1920
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Currency Mark (1914-1924)
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Protection type Microtext underprint
Protection description A repeating microtext band bearing the word 'AUMA' runs horizontally across the lower portion of the obverse as an underprint security feature.
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Auma is a small town in the Greiz district of Thuringia, and this 5 Pfennig note is a product of the notgeld wave that swept German municipalities in 1920 when chronic small-coin shortages — caused partly by metal hoarding and partly by wartime disruption to the Reichsbank's distribution network — forced local governments to print their own emergency fractional currency. Stadtgemeinde issues at this denomination are among the most ephemeral artifacts of that period: low face value, high print runs, and near-zero incentive for recipients to redeem them once the crisis passed.

The microtext underprint is an unusual security measure for a municipal issue of this size and denomination — most comparable notgeld relied on paper color or simple serial numbering rather than fine-print screening.

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