75 Pfennig

Thesdorf was a small village in Holstein, and like hundreds of German municipalities during the post-WWI Kleingeldnot — the small-change shortage — it issued its own emergency currency. Konrad Hanf was a Hamburg printer who produced Notgeld for numerous northern German communities during this period, working at commercial rather than security-printing standards.

The municipal series from communities this small typically had short print runs and were redeemed and destroyed quickly once the inflation crisis deepened and Notgeld itself became obsolete by late 1923. Survivors exist largely because collectors were actively acquiring them at the time of issue.