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5 Pfennig

Issuer Stadt Cottbus (Magistrat)
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Currency Mark (1914-1924)
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Obverse lettering 5 PFENNIG N°494168 DER MAGISTRAT DER STADT COTTBUS
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Reverse lettering DIE EINLÖSUNG DIESES SCHEINES MUSS BEI DER STADTHAUPT-KASSE DER STADT COTTBUS BIS ZUM 31. DEZ. 1921 ERFOLGT SEIN, ANDERNFALLS DER SCHEIN VERFÄLLT. DER MAGISTRAT DER STADT COTTBUS
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Comments

Cottbus Notgeld of this denomination belongs to the first wave of municipal emergency currency issued across Germany from 1916 onward, when coin shortages — driven by wartime hoarding and the requisitioning of base metals — left small transactions effectively paralyzed. Town magistrates were authorized to fill the gap themselves, printing scrip redeemable locally. Most of these issues were produced in very short runs by local print shops, which accounts for the variation in paper quality and impression sharpness seen across surviving examples.

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