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99 Pfennig

Issuer Bad Honnef, City of
Year 1921
Type Local banknote
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Reverse description The reverse is dominated by a large letterpress heading 'BAD HONNEF AM RHEIN' at the top in bold display type. A central pen-and-ink vignette presents Karl Simrock's house in Bad Honnef, rendered in fine cross-hatched line work and captioned 'Karl Simrocks Haus' below, with the artist's monogram visible. Two flanking vertical panels carry verses in flowing German Kurrent script, taken from works by the Rhineland poet Karl Simrock, with the attribution 'K. SIMROCK' at the lower right.
Reverse lettering BAD HONNEF AM RHEIN Karl Simrocks Haus K.SIMROCK
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Comments

Bad Honnef's 99 Pfennig denomination is the note, not the misprint. Dozens of German municipalities issued Notgeld in odd fractional values during the 1921 inflationary surge, deliberately choosing denominations like 99 Pfennig to sidestep Reichsbank regulations that technically governed notes issued at or above round values. Whether the legal logic was sound mattered less than the practical result — local scrip flooded the Rhineland while central monetary authority was visibly crumbling.

The print run of over twelve million pieces is unusually large for a Kleingeldschein of this type, suggesting Bad Honnef was supplying neighboring communities as well as its own retail trade.

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