50 Pfennig

Schweinfurt's 1920 Pfennig notgeld emerged from the acute coin shortage that followed Germany's wartime metal requisitions — by 1920 municipalities across Bavaria were still printing their own small-denomination scrip because Reichsmünzen simply weren't reaching retail circulation in sufficient quantities. Stadt Schweinfurt contracted locally with Otto Rueckert, a Schweinfurt-based printer, rather than using one of the larger Leipzig or Stuttgart notgeld specialists, which kept production costs down but limited print quality.

Rueckert-printed Schweinfurt issues are modestly collected within the Bavarian municipal notgeld series — not rare, but not overproduced either.