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75 Pfennig

Issuer Neustadt in Holstein, City of
Year 1921
Type Local banknote
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Obverse description The obverse carries a humorous satirical vignette in the centre depicting a scene titled 'Der hohe Patient' (The High Patient), in which a group of uniformed and civilian figures surrounds a seated dignitary beneath a portrait of Nikolaus I, rendered in a caricature illustration style typical of German Notgeld. The denomination '75' appears in large numerals within decorative Art Nouveau-style cartouches on both lateral borders, with the letters 'P' and 'F' (Pfennig) interlaced above and below each numeral. Below the central vignette, the validity inscription and two manuscript facsimile signatures of the Bürgermeister and Stadtverordnetenvorsteher are printed.
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Reverse lettering Am Strande
Wie ist dat in Niestadt so prächtig un schön,
Im Sommer, wenn buuten ist alles so grön.
Und de Frunslüt in Niestadt sind sööt wie Kanehl,
Jo in Niestadt dor levt sick vergnögt und fidel!
No
75 Pf
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Comments

Neustadt in Holstein was among the hundreds of German municipalities that printed their own emergency currency — Notgeld — during the early 1920s as chronic coin shortages made small-denomination transactions nearly impossible. The 75 Pfennig value is one of the more unusual denominations to appear in these series; most issuers clustered around 25, 50, and 75 was often added specifically to make change for the 1 Mark note.

Neustadt's Notgeld issues from this period are classified as the "second series" collector-era emissions, meaning they were produced at least partly with the philatelic market in mind rather than pure necessity — a distinction that affects how historians treat circulation data for these notes.

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