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50 Pfennig

Issuer Friedrichroda (Thuringia), City of
Year 1920
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Reference(s) DeNG 1/2#393.1a-11/15
Obverse description The octagonal-bordered note is printed in green, blue, and red on a dense red guilloche underprint. A central oval vignette encloses a standing uniformed figure holding a torch and a small tree, flanked by decorative scrollwork. The denomination "Fünfzig Pfennig" appears on a green ribbon banner below the vignette, with the issuer name "FRIEDRICHRODA" in large blue letterpress type beneath, accompanied by the series letter and serial number in the upper right corner.
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Reverse lettering Seit mich`s hierher zu wandern zum ersten Male trieb Gewann ich keinen andern wie diesen Ort so lieb. Einlösung seitens der Gemeinde innerhalb eines Jahres gewährleistet.
(Translation: Since it drove me to hike here for the first time I didn`t love anyone else like this place so much. Redemption by the municipality within one year.)
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Friedrichroda issued this note during the nationwide Kleingeldnot — the small-change famine — that gripped Germany as the 1920s opened. Metal coinage had effectively vanished from everyday commerce, hoarded or melted, and hundreds of German municipalities printed their own emergency Pfennig notes to fill the gap. The Thuringian spa town was small enough that its issue was tightly controlled by local need rather than speculative overprinting, which plagued larger cities' Notgeld programs.

The watermarked paper distinguishes this issue from the cheapest pulp printings of the period — a modest but deliberate nod toward anti-counterfeiting at a time when many issuers simply didn't bother.

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