Old Money Registry

25 Pfennig, Braunschweig motor transport company, 1921

Kraftverkehrsgesellschaft m. b. H. Braunschweig

Obverse 600 dpi
Reverse 600 dpi

This copy

Accession
OM-00370
Series year
1921
Actually issued
1921
Signatures
This issue carries no bank manager or cashier signature.
Grade
UNC (IBNS)

As issued: full body, square corners, bright unfaded ink and no fold through the design. Estimated from the 600 dpi archival scan, which shows folds, soiling and edge condition but not paper crispness, pinholes, pressing or small repairs.

Estimated value
$10 indicative

Category benchmark scaled for grade โ€” an order of magnitude, not an appraisal. Priced 2026-09-26.

Dimensions
89 × 57.5 mm (±0.6, from the scan)
Themes
NotgeldSerienscheinBrunswickTransportHarzWeimar Republic

The type

Type
25 Pfennig, Braunschweig motor transport company, 1921
Printer
Druckerei Appelhans, Braunschweig
Rarity
common
BraunschweigGermany, 1920 borders

Inscriptions

Obverse - the terms

Dieser Gutschein wird an den Kassen der Gesellschaft in Braunschweig, Bad Harzburg, Braunlage, Hahnenklee und Wernigerode bis 1. Januar 1922 eingeloest. Braunschweig, 1. Juli 1921.

This voucher will be redeemed at the company's offices in Braunschweig, Bad Harzburg, Braunlage, Hahnenklee and Wernigerode until 1 January 1922. Braunschweig, 1 July 1921.

Symbology

The motor coach
Drawn on both faces, crossing a bridge on one and climbing a forest road on the other. In 1921 a scheduled motor bus into the Harz was still new enough to be the thing worth putting on the money.
Der wilde Mann
The wild man of the Harz, a hairy giant of the forest, sitting above the road on the reverse. He is old enough to be on the arms of Harz mining towns and he is here because tourists came looking for him.
Gnomes
Two of them flank the coach on the face. The Harz is mining country as well as legend country, and the two were never far apart.
A company, not a council
The issuer is a limited company in state and municipal ownership. By 1921 firms as well as towns were issuing Notgeld, redeemable only against their own services - which is closer to a modern gift card than to money.

What was happening

Notgeld began in 1914 as necessity: silver and nickel coin vanished into hoards within weeks of mobilisation, and towns printed their own small change because the Reichsbank could not supply enough.

By 1920 it had become something else entirely. The shortage was easing, but the market for the notes was not - collectors would pay well above face value for a complete set, and a town could take real marks for paper it hoped would never come back to be redeemed. So the municipalities commissioned Serienscheine: lithographed series, four or six or ten notes to a set, printed far beyond any local need and illustrated with whatever the place was proud of. Local legends, famous sons, battles, saints, jokes in dialect.

The result is the most inventive body of graphic design in the history of paper money, made by places with a few thousand inhabitants, in the years when Germany's currency was dying.

Not a town but a bus company: the Kraftverkehrsgesellschaft of Braunschweig, a state-and-municipal undertaking running motor coaches into the Harz. The voucher is redeemable at the company's own offices in Braunschweig, Bad Harzburg, Braunlage, Hahnenklee and Wernigerode - a list that is really a route map - and it expires on 1 January 1922.

Both faces put the coach in the mountains. On the front two gnomes watch it cross a bridge; on the back a giant, captioned Der wilde Mann, sits on a hillside above the road while the bus goes by beneath him. The Harz is the German folklore mountain - Walpurgisnacht, the Brocken, the wild man of the woods - and a bus company selling excursion tickets in 1921 knew exactly what it was trading on.

This account belongs to the type, not this copy — it is shared by every 25 Pfennig, Braunschweig motor transport company, 1921 in the collection.

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