5 Pfennig

Sangerhausen's 1921 Notgeld series came out of the same postwar emergency that flooded Germany with thousands of locally issued scrip notes — municipal authorities printing small denominations because the Reichsbank simply could not produce low-value coinage fast enough to meet demand. Sangerhausen, a mid-sized town in the Prussian province of Saxony known primarily for its copper mining and the famous Rosarium, issued several denominations under the Magistrat's authority.

M. E. Riemann's credit on the design is unusual enough to be worth noting — most Kleingeldscheine of this period were produced anonymously by regional printers. Whether Riemann was a local artist or affiliated with the printer remains unresolved.