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5 Pfennig Gold
| Issuer | Magistrat der Stadt Guben |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | über Notgeldschein 5 Pfennig Gold Dieser Schein wird eingelöst binnen Monatsfrist nach Aufruf in wertbeständiger Anleihe des Deutschen Reiches (Goldanleihe) oder einem gleichwertigen Papiermark-betrag bei der Städtischen Bank in Guben. Ausgegeben mit Genehmigung des Reichsfinanzministers, gedeckt durch Hinterlegung wertbeständiger Anleihe des Deutschen Reiches (Goldanleihe). Guben, den 27. Oktober 1923 Magistrat der Stadt Guben |
| Reverse description | The reverse is unprinted, presenting a plain cream paper surface with no design, text, or ornamentation, consistent with the utilitarian production standards typical of German Notgeld issues of the hyperinflation period. |
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| Comments |
Guben sits on the Neisse River, and in 1923 the town's magistrate was doing what hundreds of German municipalities were doing: printing its own emergency money because the Reichsbank's hyperinflationary output had become functionally useless. The "Gold" denomination is the telling detail — by mid-1923, issuers had largely abandoned mark-denominated notgeld in favor of gold-backed or gold-equivalent values, since any figure in paper marks was obsolete before the ink dried.
Flemming & Wiskott were prolific notgeld printers, handling municipal commissions across Silesia and Brandenburg simultaneously. Their multi-city operation — Glogau, Berlin, Breslau — reflects the sheer production volume the inflation period demanded.