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5 Pfennig Sparkasse

Issuer Sparkasse der Stadt Dannenberg
Year 1920
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Currency Mark (1914-1924)
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Obverse description The obverse is laid out in a landscape format with a bold letterpress border of geometric and dotted ornamental rules. At centre, an octagonal vignette bears the municipal coat of arms of Dannenberg within a circular legend reading SPARKASSE DER STADT DANNENBERG, set against a sunburst underprint radiating from the lower half of the note. The denomination numeral '5' in red appears below the arms, with the word PFENNIG in a solid black banner at foot; the heading GUTSCHEIN is printed in large serif capitals at top, flanked by ribbon scrolls, and the year 1920 is repeated on both lateral margins.
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Reverse lettering 5 5
No
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Dannenberg, a small town in Lower Saxony, was among hundreds of German municipalities that issued their own emergency small-change notes — Kleingeldscheine — during the acute coin shortage of 1920. The Reichsbank's metal coinage had effectively vanished from daily commerce, hoarded or melted, and local savings banks stepped in as issuers of last resort with direct municipal authorization.

At 56 × 38 mm, this is among the smallest notgeld format produced. Sparkasse issues from towns of this size were almost always printed in short runs and circulated hard within a tight geographic radius, which makes clean survivors genuinely uncommon.

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