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1921  75 phennigs Germany  German notgeld Saxony, Federal state of Auerbach im Vogtland note

Features
Issuer     District of Auerbach im Vogtland (Federal state of Saxony)
Period     Weimar Republic (1918-1933)
Type     Local banknotes
Year     1921
Value     75 Pfennigs (75 Pfennige) (0.75)
Currency     Mark (1914-1924)
Composition     Paper
Size     100 × 72 mm
Shape     Rectangular
Demonetized     Yes

Notgeld ( for 'emergency ' 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 usually occurs when not enough state-produced money is available from the . In particular, notgeld generally refers to money produced in  and  during  and the .

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