50 Pfennig

Nördlingen's municipal notgeld issues of 1920 came directly out of the postwar coin shortage that forced hundreds of German towns to print their own fractional currency. The Stadt issued these under its own authority — the Rat der Stadt acting as the responsible body — a practice the Reich tolerated until centralized small coinage could be restored.

The Nördlingen series is notable among Bavarian town issues for being printed locally, keeping production costs minimal and turnaround fast. Local printing also means quality control was uneven across the run, and ink consistency varies between surviving specimens.