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5 Pfennig

Issuer Magistrat der Stadt Freienwalde in Pommern
Year 1920
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Value 5 Pfennigs (5 Pfennige) (0.05)
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Obverse lettering ENKEL·SOLLEN·KRAFTVOLL·WALTEN, SCHWER·ERRUNGNES·ZU·ERHALTEN
19 OKTOBER 1813
Der Notgeldschein verliert seine Gültigkeit nach öffentlicher einen Monat Bekanntmachung
Der Magistrat
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Reverse lettering Fünf Pfennig
November 1920
Freienwalde i. Pomm.
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Comments

Freienwalde in Pommern — a small market town on the Oder — issued this low-denomination Notgeld during the acute coin shortage that followed Germany's post-WWI economic dislocation. Municipal authorities across Germany were effectively printing substitute coinage at this point, and local printers absorbed the demand.

The Görlitzer Nachrichten und Anzeiger was primarily a newspaper publishing house, not a specialist security printer. That a regional press was commissioned for currency work tells you more about the chaos of 1920 Germany than any economic index could.

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