75 Pfennig Freren

Freren is a small market town in the Emsland district of Lower Saxony, and the Sparkasse des vorm. Amts Freren — the savings bank of the former Amt Freren — was among the countless local institutions pressed into producing emergency currency during the acute coin shortage that followed Germany's postwar economic dislocation. The 75 Pfennig denomination itself is characteristic of Westphalian and Lower Saxon Notgeld series from this period, often issued in odd values to create complete sets that would deter local traders from spending them and encourage collectors to absorb the full series instead.

Gebr. Teisman printing the notes locally in Freren is the telling detail here — no outside firm, no lithographer in Bielefeld or Osnabrück. Small-town press, small-town circulation.