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20 Pfennig

Issuer Stadtrat Königshofen im Grabfeld
Year
Type Local banknote
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Obverse lettering 20 PFENNIGE · STUND · WIRD · GESCHAFFT · STATT · ACHT · ZEHN · VATERLAND · BALD · WIEDER · UND · WIRD · VOM LUITPOLDBRUNNEN · DER STADT KÖNIGSHOFEN · No 07733
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Reverse lettering 20 PFENNIGE · WENNHIE · MT · LUST · ZUR · ARBEIT · GEH'N · DANN · WERDEN · WIR · BALD · BESSER · STEH'N · VON EIN MALTEN FESTUNGSTOR · GÜL TIG 8 TAGE NACH AURUF · STADTRAT
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Comments

Königshofen im Grabfeld is a small Franconian town in what is now northern Bavaria, and like hundreds of German municipalities it issued emergency paper money — Notgeld — during the currency chaos that followed the First World War. The Stadtrat, the town council, had no banking infrastructure and no formal printing authority; these small-denomination notes existed purely to plug the coin shortage that made everyday commerce nearly impossible by 1917–18.

At 20 Pfennig, this note was strictly local tender, redeemable only within the issuing municipality and worthless beyond it.

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