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50 Pfennig

Issuer Stadt Naumburg an der Saale (City of Naumburg on the Saale)
Year 1920-1921
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Size 98.5 × 70 mm
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Obverse description Dark brown and ochre Notgeld note with a bold Fraktur title inscription across the upper field reading "Notgeld der Stadt Naumburg a. Saale" and a date cartouche at upper left noting "Ausgegeben i. 1920". The central vignette presents the city arms — a crossed red key and sword within an elaborate baroque cartouche with foliate scrollwork — flanked on both sides by hexagonal denomination panels bearing the numeral "50" in red. The lower register carries a two-column redemption text in Kurrent script, with two manuscript signatures of the Magistrat and a serial number below, while a partial rhyming legend in red Gothic lettering runs across the mid-field.
Obverse lettering Notgeld der Stadt Naumburg a. Saale
Ausgegeben i. 1920
AUF DER GANZEN VOGELWIESS SAHM
NICHTS ALS SCHWERT IN SPIEL SAND DIE HUNDERTAUSEND
Dieser Gutschein wird an allen Städtischen Kassen in Zahlung genomen. Er verliert seine Gültigkeit 1 Monat nach erfolgter Bekanntmachung. Der Magistrat:
DRUCK & SCHWARZ LINDENBERG ALLGÄU
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Comments

Naumburg's 50 Pfennig Notgeld from 1920–21 is a product of the acute small-change famine that gripped Germany after the war, when coin metal was scarce and the Reichsbank could not supply enough fractional currency to keep local commerce moving. Thousands of German municipalities printed their own emergency issues, and the market for them among collectors became so vigorous that many towns printed far more than circulation required — Naumburg almost certainly among them.

J. Adolf Schwarz in Lindenberg im Allgäu was one of the specialist provincial printers who found steady business in the Notgeld boom, handling commissions from municipalities well outside their immediate region.

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