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50 Pfennig
| Issuer | Stadt Herford (City of Herford) |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
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| Composition | Paper |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Stadt Herford Dieser Gutschein über 50 Fünfzig Pfennig 50 wird von der Kämmereikasse hier in Zahlung genommen oder eingelöst. Er verliert seine Gültigkeit einen Monat nach Aufkündigung in den Herforder Lokalblättern. Herford, den Der Magistrat 4. März 1920 |
| Reverse description | The reverse, printed in the same dark red on cream stock, is dominated by a central vignette of an armored knight on a rearing horse, rendered in fine line engraving and set against a stippled background. The denomination numerals '50' appear in large bold figures to the left and right of the equestrian figure. The four corners carry the municipal coat of arms of Herford in shield form at the top, and circular city seals inscribed 'Siegel der Stadt Herford' at the bottom left and right. |
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| Comments |
Herford's 1920 Pfennig notgeld was one of thousands of municipal emergency issues flooding German circulation as the Reichsbank struggled to keep small-denomination coinage in supply. The copper and nickel shortages that had gutted everyday transactions during the war years had not resolved by 1920 — if anything, hoarding and metal speculation made the coin famine worse in the immediate postwar period, forcing cities and towns to print their own fractional currency whether the central authorities approved or not.
The print run of over twelve million pieces is high for a town of Herford's size, suggesting the notes circulated well beyond the city limits into the surrounding Ostwestfalen region — a common pattern when neighboring municipalities had not yet organized their own issues.