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| 正面描述 | Green and black Notgeld note with a decorative border enclosing the central vignette of a large stylized numeral '5' formed by a black jackdaw (Dohle) perched within a circular motif, the city bird of Merseburg. The denomination '5 Pf.' appears twice flanking the vignette, with the serial number at lower left and the issuing authority signature of 'Der Magistrat' at lower right. The date 'den 1. Mai 1921' runs vertically along the left border, with an inverted text legend along the bottom edge. |
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| 背面铭文 | Heinrich I., der Finker Gründer v. Merseburg 919 - 936 |
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Merseburg's 1921 notgeld issues came at the peak of municipal small-change production across Germany, when coin shortages and runaway inflation had left ordinary commerce effectively paralyzed at the transaction level. Gebrüder Parcus in Munich was among the more prolific notgeld printers of the period, supplying dozens of German towns simultaneously — which means quality control was consistent but the designs themselves were often produced quickly to meet urgent municipal orders.
Pfennig-denomination notgeld is notably scarcer in surviving collections than the higher values, having been used hardest and discarded fastest once the inflationary spiral made them worthless within months.