50 Pfennig

Amtshauptmannschaft Zwickau was a Saxon district administrative unit — not a municipality, not a bank — issuing emergency small change during the acute coin shortage that followed Germany's defeat in 1918. The Kleingeldersatz problem was severe enough that district-level authorities across Saxony were formally authorized to print their own fractional Notgeld, and Zwickau's district office did so alongside dozens of similar rural administrations.

At 52 × 37 mm, this is among the smaller Notgeld formats produced, reflecting the practical intent: these circulated as coin substitutes, not collector pieces — though the collector frenzy for Notgeld had already begun by 1920 and undoubtedly inflated print runs across the region.