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50 Pfennig

Issuer Magistrat der Stadt Schkeuditz
Year 1918
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Printer Gebrüder Parcus, Munich, Germany
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Obverse description Green guilloche underprint on white paper with a decorative border of interlocking ornamental scrollwork framing the entire note. The city seal of Schkeuditz is printed as a central watermark-style vignette in the underprint, with the denomination numeral '50' repeated in each corner. Text is set in blackletter (Fraktur) script, with the large central value inscription 'Fünfzig Pfennig' in bold gothic type, the issuing authority 'Stadt Schkeuditz' at top, the issue date 'Schkeuditz, den 15. September 1918', and a manuscript signature below 'Der Magistrat'. The printer's imprint 'Gebr. Parcus, München' appears at the lower margin.
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Reverse description The reverse is printed entirely in green on white paper, with a dense, all-over guilloche underprint of repeating interlocked floral and geometric rosette patterns covering the entire field. At centre is a large circular vignette of the official seal of the Schkeuditz Magistrat, showing a robed standing figure holding a book, flanked by two torchères and a heraldic shield divided with a cross, all surmounted by a mural crown, with the legend 'SCHKEUDITZ MAGISTRAT' around the circumference.
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Comments

Schkeuditz is a small town northwest of Leipzig, and like hundreds of German municipalities in 1918, its local authority issued Notgeld to compensate for the near-total disappearance of small coins from circulation — hoarded by a public that had watched metal coinage vanish into wartime metal drives since 1914. The Magistrat had no printing infrastructure of its own, so the job went to Gebrüder Parcus in Munich, one of the more prolific commercial printers of municipal emergency currency during this period.

Parcus handled enormous volumes of Notgeld contracts from issuers across Germany, which kept unit costs low but made individual issues largely interchangeable in execution.

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