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50 Pfennig

Issuer Stadt Emden (Magistrat)
Year 1918
Type Local banknote
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Obverse lettering Stadt Emden
50 Pfennig
zahlt die Stadtkasse in Emden dem Einlieferer dieses Scheines.
Emden, den 15. Dezember 1918.
Der Magistrat.
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Reverse lettering S.M.S. Emden.
50
50
Carl Schleicher & Schull Duren.
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Comments

Emden's 1918 Pfennig notes belong to the vast wave of Kommunales Notgeld that flooded Germany as the imperial monetary system buckled under wartime metal shortages. The Magistrat — the city's civic governing body — authorized this issue when small-change coinage had all but vanished from everyday transactions, hoarded or melted down faster than the Reichsbank could replace it.

Carl Schleicher & Schüll of Düren were among the more capable commercial printers handling Notgeld contracts at this period, and the underprint security feature here was a practical gesture toward forgery resistance in an environment where dozens of competing local issues were circulating simultaneously.

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