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50 Pfennig

Issuer Grundhof, Municipality of
Year 1920
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In circulation to 31 December 1921
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Reverse description Printed in blue and dark red with a bold decorative border, the reverse presents an upper central oval cartouche inscribed 'GUTSCHEIN DER GEMEINDE' in block lettering. The central field is divided into two rectangular vignettes: the left illustrates the Schwedenwall with a church and bare winter trees accompanied by a descriptive text panel, while the right shows the village street with farm buildings and trees. Denomination numerals '50' appear in each corner, with the issuer name 'GRUNDHOF' and serial number printed in the lower panel.
Reverse lettering GUTSCHEIN DER GEMEINDE
Schwedenwall
Einwohner verschanzten sich hinter dem Wall, wurden dann durch List hervorgelockt.
Dorfstraße
GRUNDHOF
No. 10741
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Comments

Grundhof is a small village in Schleswig, the contested border region between Germany and Denmark whose political status was only resolved by plebiscite in March 1920 — the same year this note was issued. The municipality printed emergency small change (Kleingeldersatz) because the postwar coinage shortage had left even minor retail transactions difficult, a problem acute enough in rural northern communities that dozens of Schleswig parishes issued their own notgeld within months of the plebiscite result.

H. Hansen's signature almost certainly indicates a local official rather than a printer's representative, which was the norm for village-level issues of this type.

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