5 Pfennig Carl Duden

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.