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20 Pfennig

Issuer Stadt Halle an der Saale (Magistrat)
Year 1921
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Shape Rectangular
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Reverse description The reverse carries a three-quarter portrait vignette of composer Georg Friedrich Händel, rendered in a warm sepia-toned photographic print, set within a ruled rectangular border with a fine hatched frame. Händel is shown in period dress with a full powdered wig, holding sheet music, in the manner of the classic Hudson portrait. A captioned inscription below the portrait identifies the subject and his birth in Halle.
Reverse lettering GEORG FRIEDRICH HÄNDEL
GEB. IN HALLE 1685
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Comments

Halle an der Saale was among hundreds of German municipalities that began issuing their own small-denomination Notgeld during the postwar coin shortage — metal had been systematically diverted for war production after 1914, and by 1921 the gap between available coinage and day-to-day commercial need had grown acute. The Magistrat issues from Halle are locally printed, which is consistent with the broader pattern of municipal emergency paper: speed and availability mattered more than production quality.

At 20 Pfennig, this note was squarely aimed at filling the role of the missing Reichsmark subsidiary coinage. It would have changed hands in shops and markets, not banks.

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