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5 Pfennig
| Issuer | Stadt Cottbus (Magistrat) |
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| Year | |
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| In circulation to | 31 December 1921 |
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| Obverse description | Black letterpress text on a green-tinted note with the denomination numeral '5' printed in black at center. A serial number in red appears centrally, flanked on each side by the city coat of arms. The issuing authority name arcs across the note in bold capitals. |
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| Reverse description | Green note with the denomination value printed in green at center, framed by wide white margins on all four sides. A block of redemption text is centered in the lower portion of the note. |
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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.