1921 Germany Notgeld Error Note // Langensalza 25 Pfennig Printing Error GrM#770

Notgeld (German for "emergency money" or "necessity money") refers to money issued by an institution in a time of economic or political crisis. The issuing institution is usually one without official sanction from the central government. This occurs when state-produced money is not available from the central bank. Issuing institutions could be a town's savings banks, municipality and private or state-owned firms.

  • 1921 Langensalza 25 Pfennig, Almost Uncirculated (AU), GrM#770.1a-3/6 (97x70mm)
    • Error note - Black/yellow/red was shifted down and is out of registration with blue/brown
    • Printing error is noticeable on both sides of the note
    • Also listed in World Paper Money Errors 2010 (by Morland Fischer), pages 24-32 (FEN 3)

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Reference Item #FCN-2299 (JBC022321)