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| 正面描述 | Printed in red-orange on white paper, the obverse carries a dense underprint of repeated numeral '50' across the entire field, framed by an ornate border of geometric and foliate motifs with corner rosettes. The central text in bold Gothic (Fraktur) blackletter script reads 'Fünfzig Pfennig', above which appears 'Gutschein No' followed by a handwritten serial number in red. The issue date 'Halberstadt d. 10. Februar 1920' is inscribed below the denomination, accompanied by a redemption clause and two manuscript signatures above the legend 'Der Magistrat', with the lower margin reading 'GUTSCHEIN FÜR 50 PF.' |
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| 正面铭文 | HALBERSTADT a/H. Gutschein No über Fünfzig Pfennig Halberstadt d. 10. Februar 1920 Dieser Gutschein wird jederzeit an den städtischen Kassen zu Halberstadt eingelöst, längstens 3 Monate nach Aufruf in den hiesigen Zeitungen. Der Magistrat: GUTSCHEIN FÜR 50 PF. |
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Halberstadt's municipal authority issued its own emergency small change — Notgeld — because the Reichsbank simply couldn't supply enough low-denomination coinage during the postwar economic disruption. Louis Koch was a local printing firm, and keeping production in-house was typical of smaller German municipalities that lacked the connections or budget to commission the more elaborate artistic Notgeld being produced elsewhere for the collector trade. This note was functional, not decorative.