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5 Pfennig Carl Duden

Issuer Carl Duden (Manufaktur- und Modewaren, Lassan-Zinnowitz)
Year 1920
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Value 5 Pfennigs (5 Pfennige) (0.05)
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Obverse lettering CARL DUDEN
Manufaktur- u. Modewaren
LASSAN-ZINNOWITZ
Gutschein
über 5 Pf.
B
No
Reverse description Plain cream paper reverse enclosed by a simple double-rule rectangular border with square corner ornaments, filled entirely with a block of letterpress text in German explaining the redemption terms of the coupon. The issuance date '1. 4. 20.' is printed below the border at lower left.
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Comments

Carl Duden operated a drapery and fashion goods business in the Lassan–Zinnowitz region of Pomerania. This note is Notgeld — emergency small-change scrip issued by private traders during the acute coin shortage that gripped Germany after the First World War. Municipal and commercial issuers flooded the country with such pieces in 1920, and the Reichsbank largely tolerated it as a practical stopgap while official coinage remained scarce.

Private commercial Notgeld of this type was typically redeemable only at the issuing shop, making it functionally a loyalty instrument as much as a currency substitute. Survival rates are high — most collectors' pieces never circulated at all.

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