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50 Pfennig

Issuer Kreissparkasse zu Diepholz
Year 1920
Type Local banknote
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Obverse description Red and black letterpress Notgeld on white paper with a plaited rope border. Central vignette shows the Diepholz district coat of arms flanked by the denomination inscription. Date and issuing authority text appear below in three lines, with three manuscript signatures at foot.
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Reverse lettering 50 Pf
50 Pf
Schloss zu Diepholz c/a
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Comments

Diepholz is a small administrative district in Lower Saxony, and like hundreds of German municipalities in 1920, its savings bank issued Notgeld to compensate for the acute small-change shortage that followed the First World War. The Reichsbank had effectively stopped supplying adequate coin, leaving local authorities to fill the gap themselves. Schrödersche Buchdruckerei, the local press that printed this note, was a typical provincial jobbing printer — not a security printer — which is worth noting when assessing any example for wear or foxing, as the paper quality varies considerably within the series.

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