75 Pfennig

Bitterfeld's 1921 Notgeld issues came during the peak of German municipal emergency currency production, when central government supply simply could not keep pace with the denominations demanded by a fractured, inflation-stricken economy. C. Schröter was a Leipzig commercial printer with no particular prestige in the Notgeld world — competent jobbing work, not a specialist firm like Giesecke & Devrient.

The DeNG 1#111.4 reference places this as the fourth denomination variant in the Bitterfeld series, suggesting the city issued at least a half-dozen distinct pieces across the 1920–1922 window. Bitterfeld's chemical industry made it an unusually prosperous issuer by regional standards, which may account for the relatively clean printing quality typical of Schröter's municipal contracts.