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| 正面描述 | Printed on pink paper with a decorative chain-link border framing the entire note. A central guilloche vignette in tan and brown tones forms the underprint, with the denomination numeral '50' in large bold blackletter type at upper left and upper right, each accompanied by the word 'Pfennig'. The heading 'Gutschein der Stadt Elze über Fünfzig Pfennig.' is set in Gothic script across the upper and centre fields, with validity and redemption clauses in smaller text below, dated 'Elze (Hannover), im Juni 1917', and bearing two manuscript signatures above the authority lines 'Der Magistrat.' and 'Die Bürgervorsteher.' |
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| 正面铭文 | 50 Pfennig Gutschein der Stadt Elze über Fünfzig Pfennig. Gültig bis zum 15. Oktober 1919. Dieser Gutschein wird von unserer Kämmereikaße und Stadtsparkasse eingelöst. Elze (Hannover), im Juni 1917. Der Magistrat. Die Bürgervorsteher. |
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Elze is a small town in Lower Saxony, and like hundreds of German municipalities in 1917, it issued its own emergency small change — Kleingeldscheine — to compensate for the disappearance of metal coins hoarded or melted down as the war ground through its third year. The Reich had simply run out of capacity to supply subsidiary coinage to every corner of the country, and local governments were legally permitted to fill the gap themselves.
The Grabowski reference suffix "c" indicates a color or paper variant within the E15 type, suggesting at least three distinct printings exist for this denomination from Elze alone.