1921 AD., Germany, Weimar Republic, Glashütte (town), Notgeld, collector series issue, 25 Pfennig, Grabowski/Mehl 430.1-1/18. 014005 Obverse

State: Germany, Weimar Republic
Issuer: Glashütte (town)
Location of issue: Glashütte (town) (S / S) Stadt
Date of issue: 1.8.1921 AD.,
Value: 25 Pfennig
Size: 73 x 54 mm
Material: paper
Watermark: Flämmchen
Serial : -
Serial no. : 014005
Signature: (1)
Printer: Max Rönisch, Dresden
Obv.: 25 – Pfg. / Fünfundzwanzig / Pfennige / wolle die Stadt-Girokasse …. , arms.
Rev.: 25 – Pfg. / STERNWARTE / Stadt-Girokasse / Glashütte (Sa.) / Konto No. 5 / Max Rönisch, Dresden – A 16 , Glashütte observatory at dark night, crescent moon and stars above, pendulum clock to left.
References: Grabowski/Mehl 430.1-1/18 .

Glashütte is a town in Sächsische Schweiz-Osterzgebirge, Free State of Saxony, Germany, which was the birthplace of the German watchmaking industry. The city has a population of about 7,000. Historically it was first mentioned in a document around 1445.
More on https://en.wikipedia.org/wiki/Glashütte