75 Pfennig

Freiberg's 1921 Notgeld issue belongs to the second wave of German municipal emergency currency, produced well after the acute postwar shortages of 1918–19 but before hyperinflation made small-denomination paper meaningless. By 1921, many towns were issuing Notgeld as much for collector revenue as genuine necessity — the so-called "Serienscheine" phenomenon — and local printers like Ernst Lange were contracted directly by municipal treasuries to keep production costs and turnaround times low.

Freiberg, Saxony's historic silver-mining center, had the Lange firm on its doorstep, which made local printing an obvious choice over contracting a Leipzig or Dresden house.