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| 正面描述 | Pink note with a decorative lace-pattern border in black. The city arms of Arnswalde — a shield bearing a triple-towered gate above an eagle — appears in the lower-left. A large ghost underprint of '50' occupies the centre, overlaid with bold Fraktur lettering reading 'Gut für Fünfzig Pfennig'. The denomination '50' is repeated in the upper corners, with the issuing authority 'Der Magistrat' and validity date below, followed by a manuscript signature and the serial number at lower left. |
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| 背面描述 | Pink note with a bold black lace-pattern border and a wavy-line guilloche underprint in red-pink covering the entire field. Two impressions of the city arms of Arnswalde — each showing the eagle and towered gate shield — flank the lower portion of the text block. The text, set in Fraktur, states the redemption obligation of the Kämmereikasse (municipal treasury) valid until 31 December 1919, followed by the place-and-date line and a manuscript signature of Der Magistrat. |
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Arnswalde — now Choszczno in northwestern Poland — was a mid-sized Brandenburg town whose municipal government, like hundreds of others across Germany, issued Notgeld in 1919 to address the chronic small-denomination coin shortage that had persisted since the war years. The Reichsbank simply could not produce enough fractional coinage to meet everyday retail demand, and local authorities filled the gap themselves.
Selmar Bayer was a Berlin printer with a solid run of municipal Notgeld commissions during this period. The watermarked paper was a modest security measure — enough to deter casual forgery in a town market, not much more.