75 Pfennig Braunschweigische Staatsbank

The Braunschweigische Staatsbank was one of several regional German state banks still operating as quasi-independent institutions in the early Weimar years, and this 75 Pfennig note belongs to the wave of Kleingeldersatz — small-change substitute — issues that flooded Germany as coin metal disappeared from circulation after the war. The 75 Pfennig denomination is itself a tell: it would have been a useless value under normal monetary conditions, conjured entirely by the specific price inflation of 1921.

Günther Clausen's involvement as designer is locally documented but he remains a minor figure, associated primarily with Brunswick commercial and civic print work of the period.