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50 Pfennig

Issuer Stadt Buxtehude (City of Buxtehude)
Year 1920
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Value 50 Pfennigs (50 Pfennige) (0.50)
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Obverse lettering GUTSCHEIN DER STADT
BUXTEHUDE
PFENNIG
50
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Reverse lettering DIESER GUTSCHEIN VERLIERT SEINE GÜLTIGKEIT 3 MONATE NACH ERFOLGTER ÖFFENTLICHER ANKÜNDIGUNG
SUEHT DAT UT OK NOCH SO SLECHT DAT LI KOPPT SLÜCK ALLEN S WEDDER TRECHT
DER MAGISTRAT
DIE BÜRGER-VORSTEHER
PFENNIG
50
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Comments

Buxtehude's 1920 Notgeld issue was one of thousands of municipal emergency currency pieces produced across Germany as the central government's coin supply collapsed under postwar economic strain. Towns and cities printed their own small-denomination scrip because metal coins had effectively vanished from circulation — hoarded, melted, or simply never minted in sufficient volume after 1914.

Otto Clausen was a Hamburg commercial printer, not a specialist banknote firm, which is exactly the point: by 1920, municipalities were taking work wherever they could get it.

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