1921 – German City of Merseburg 20 Pfennig Notgeld

CA$9.00

1921 German City of Merseburg 20 Pfennig Notgeld note is a beautifully illustrated example of emergency currency issued during the economic instability of the early Weimar Republic. Authorized by the City of Merseburg (Saxony-Anhalt) and dated 1 May 1921, this note was part of a municipal series created to address widespread shortages of small coinage following World War I.

The obverse is printed in a distinctive blue color palette and features a finely detailed architectural scene labeled “Das alte Rathaus” (The Old Town Hall). The central vignette depicts a historical civic moment framed by a Gothic arch, with period figures rendered in a stylized, storybook manner—hallmarks of German Notgeld artwork from this era. The denomination “20 Pf.” is boldly displayed in the corners, reinforcing its intended everyday use.

The reverse carries the inscription “Gutschein der Stadt Merseburg” (Voucher of the City of Merseburg) and prominently displays the city’s recurring raven motif perched on a ring, a powerful symbol of local identity. Additional features include an official serial number, municipal authorization “Der Magistrat”, and the signature of the city treasurer. The note was printed by Gebrüder Parcus of Munich, one of Germany’s leading security printers of the period.

Municipal Notgeld notes such as this were meant for short-term circulation and were often redeemed and destroyed, making surviving examples historically significant collectibles today. This 20 Pfennig issue is especially sought after for its architectural imagery, rich color, and strong regional symbolism.


Key Banknote Details

  • Year Issued: 1921 (dated 1 May 1921)

  • Country: Germany

  • City: Merseburg

  • Denomination: 20 Pfennig

  • Issuer: City of Merseburg

  • Printer: Gebr. Parcus, München

  • Type: Notgeld (Emergency Money)

  • Era: Weimar Republic / Post-WWI