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50 Pfennig
| Issuer | Stadt Kappeln (City of Kappeln) |
|---|---|
| Year | 1920 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | GUT- SCHEIN FÜNFZIG PFENNIG 50 Dieser Gutschein verliert seine Gültigkeit einen Monat nach öffentlicher Bekanntmachung im Schleiboben KAPPELN, den 6. Juli 1920 Bürgermeister Düsse Gutschin verleert sin Güldigkei en Mand na de öffentliche Bekanntmakung in de Sliebot DAS Stadtverordneten Kollegium |
| Reverse description | Yellow and grey-toned reverse with four corner denomination cartouches each reading '50 PFENNIG', flanked on both sides by ornamental vignette panels with decorative marine and civic emblems. The central composition presents a large lithographic scene of fishermen hauling nets on the shore of the Schlei fjord, with a detailed panoramic view of Kappeln's townscape and church spire across the water in the background. The legend 'GUTSCHEIN' appears at top center and 'KAPPELN' along the lower border within the framing band. |
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| Comments |
Kappeln, a small herring-fishing town on the Schlei inlet in Schleswig-Holstein, issued this Notgeld note amid the nationwide small-change shortage that followed the First World War. Coin hoarding had made low-denomination currency nearly impossible to find in ordinary commerce, forcing hundreds of German municipalities — many far smaller than Kappeln — to print their own emergency fractional paper in 1919 and 1920.
Collectors should be aware that many Kappeln Notgeld pieces were printed in deliberate surplus for the philatelic trade, a practice common by 1921. Notes from the 1920 series are generally considered genuine circulation issues, but the line between circulated stock and dealer-run print runs is not always clean.