5 Pfennig Verkehrs-Verein

Calbe an der Milde — a small market town in the Altmark region of Saxony-Anhalt — issued this note through its local Verkehrs-Verein, a trade and transport association, during the acute small-change shortage of 1921. The Weimar-era Kleingeldersatz system permitted civic and commercial bodies to issue low-denomination emergency paper when coin production could not meet demand, and dozens of such bodies across Germany printed their own Notgeld to keep retail trade functioning.

At 5 Pfennig, this is among the lowest denominations in the Verkehrs-Verein Notgeld category — practical scrip, not the decorative collector series that flooded the market later that same year.