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50 Pfennig

Issuer Marktgemeinde Altusried
Year 1920
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Printer Caver Dies, Altusried
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Obverse description Art Nouveau-style Notgeld note with an ochre and blue-grey colour scheme, enclosed by a red foliate border running along all four edges. At centre, a large numeral '50' underprint is overlaid by a vignette of a gothic town gate or tower set within an ornate cartouche. Flanking the central cartouche are two symmetrically arranged birds amid swirling floral scrollwork, with the denomination text split across the four quadrants in bold blackletter script.
Obverse lettering Marktgemeinde Altusried.
Gutschein über
Fünfzig Pfennig
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Comments

Altusried is a small market town in the Allgäu region of Bavaria, and this 50 Pfennig note is a product of the Notgeld wave that swept German municipalities between 1919 and 1922 — a period when coin shortages were so severe that thousands of local authorities printed their own emergency scrip rather than wait for central supply. The Marktgemeinde (market municipality) designation reflects Altusried's historic market rights, a legal distinction that also gave it the authority to issue such instruments.

The printer credit "Caver Dies, Altusried" is unusually local even by Notgeld standards, suggesting in-house or near-artisanal production rather than the lithographic trade houses in Munich or Stuttgart that handled most regional issues.

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