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50 Pfennig

Issuer Stadtgemeinde Ettenheim
Year 1920
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In circulation to 9 July 1920
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Obverse description Printed in black on a light blue underprint with a dark orange guilloche pattern incorporating a diamond silk-screen element, on smooth fine white paper. The text is arranged in a formal letterpress layout, carrying the full voucher inscription, date of issue, and authorising signatures of the Gemeinderat, Bürgermeister, and Ratschreiber. A validity clause is printed at the foot of the note, stating that the note becomes void three months after public notice of cancellation.
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Reverse lettering 50 (×4) STADTGEMEINDE ETTENHEIM
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Comments

Ettenheim is a small town in Baden, and its 1920 Notgeld issue belongs to the wave of municipal emergency currency that flooded Germany as the Reichsbank struggled to supply adequate coin and small denomination notes during the postwar inflationary period. The watermarked paper suggests the Stadtgemeinde made at least a basic effort at security — unusual for the smaller municipal issuers, many of whom printed on whatever stock was available.

The DeNG reference places this within a numbered local series, implying multiple denominations or types were issued concurrently by Ettenheim.

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