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75 Pfennigs

Issuer City of Waldenburg (Lower Silesia), Der Magistrat
Year 1921
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Shape Rectangular
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Obverse description Notgeld issued in Expressionist woodcut style, printed in dark red on cream paper. The upper portion carries a vignette of a multi-storey civic building captioned AM RING, beneath which an ornate cartouche bears the inscriptions WALDENBURG IN SCHLESIEN / NOTGELD / WALDENBURG / NOVEMBER 1921 / DER MAGISTRAT. The denomination FÜNFUNDSIEBZIG PF. appears at the base, framed by stylised foliage and a jagged decorative border characteristic of German Expressionist graphic art.
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Reverse lettering RUDOLF LADEWIG
PF. 75 PF.
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Comments

Waldenburg's 1921 Notgeld series was designed by Rudolf Ladewig, a local artist whose work gave the city's emergency currency a regional identity unusual even by the standards of Weimar-era municipal issues. Waldenburg was a significant coal-mining centre in Lower Silesia, and the city's Magistrat issued these notes during the acute coin shortage that followed the First World War — a shortage so severe that hundreds of German municipalities printed their own fractional currency rather than wait for Berlin to supply small denomination coinage.

Silesia itself was in political turmoil in 1921, with the League of Nations plebiscite over the future of the region held that March. The 75 Pfennig denomination was among the more common fractional values in this series.

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