Old Money Registry

75 Pfennig, Neustadt in Holstein, 1921 (political laboratory)

Gutschein v. Neustadt i. Holstein

Obverse 600 dpi
Reverse 600 dpi

This copy

Accession
OM-00923
Series year
1921
Actually issued
1921
Signatures
This issue carries no bank manager or cashier signature.
Grade
UNC (IBNS)

Estimated from the archival scan. Folds, soiling and edge condition are visible at this resolution; paper crispness, pinholes, small repairs and pressing are not.

Estimated value
$10 indicative

Category benchmark scaled for grade — an order of magnitude, not an appraisal. Priced 2026-10-24.

Dimensions
100 × 70.5 mm (±0.5, from the scan)
Themes
NotgeldSerienscheinSchleswig-HolsteinSchleswig plebisciteSatiricalWeimar Republic

The type

Type
75 Pfennig, Neustadt in Holstein, 1921 (political laboratory)
Printer
Not established
Rarity
common
Neustadt in HolsteinGermany, 1920 borders

Symbology

"Das politische Laboratorium"
"The political laboratory" - a satirical interior scene mocking the backroom dealing over the Schleswig border question after the 1920 plebiscite.
Castle and town with mounted figures
The back shows a castle-and-town scene with riders beneath a Low-German verse.
Validity to 31 July 1921
The note is stated to be good until 31 July 1921 - emergency money designed from the outset to lapse.

What was happening

Notgeld ("emergency money") began in 1914 out of necessity but by 1920-21 had become a collector craze: towns issued lithographed Serienscheine far beyond any local need and sold them to collectors for real marks. Neustadt in Holstein, a small Baltic harbour town on the Lübeck Bay, used its series to make a political point.

The whole Neustadt set is a patriotic Schleswig-Holstein commentary on the 1920 Schleswig plebiscites, which under the Treaty of Versailles let the old duchy vote on the Danish- German border and transferred North Schleswig to Denmark. This 75 Pfennig value belongs with the town's other patriotic notes: [[notgeld-neustadt-holstein-25-pfennig]] (the "Up ewig ungedeelt" / Christian I note), [[notgeld-neustadt-holstein-25-pfennig-patriot]] (the satirical "patriot" boy), [[notgeld-neustadt-holstein-25-pfennig-teilung]] and [[notgeld-neustadt-holstein-50-pfennig]].

The front uses a diagonal-cross layout framing an interior scene captioned Das politische Laboratorium ("the political laboratory") - a satirical dig at the backroom politicking over the border question. The back shows a castle-and-town scene with mounted figures beneath a verse in Low German. It was valid until 31 July 1921 and signed by Bürgermeister Rehr and Stadtverordnetenvorsteher Ehlers.

This account belongs to the type, not this copy — it is shared by every 75 Pfennig, Neustadt in Holstein, 1921 (political laboratory) in the collection.

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