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50 Pfennig

Issuer City of Waldenburg in Silesia (Magistrat der Stadt Waldenburg i.Schl.)
Year 1920
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Size 107 × 74 mm
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Obverse description Cream-toned note printed in dark brown/black letterpress, entirely typographic in design. The central field carries the issuer inscription in Gothic blackletter script across three lines, with the large denomination numeral '50' and 'Pfennige' below; to the left, a validity notice states the note loses effect on 31 December 1920, and to the right the date of issue '29.9.1920' appears alongside the facsimile signature of Der Magistrat. The note is framed by an ornate foliate border of interlaced vine scrolls and rosette motifs, with the printer's imprint 'Gedruckt bei Rich. Blankenstein' appearing beneath the lower border.
Obverse lettering Notgeldschein der Stadt Waldenburg i.Schl. / 50 Pfennige / Dieser Schein verliert seine Gültigkeit am 31. 12. 1920 / Waldenburg am 29.9.1920 / Der Magistrat / Gedruckt bei Rich. Blankenstein
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Comments

Waldenburg was one of the more industrially significant towns in Silesian coal country, and its notgeld issues of 1920 reflect the chronic small-change shortage that paralyzed everyday commerce across Germany following the First World War. The municipal magistrate, like hundreds of other local authorities, stepped in where the Reichsbank could not — or would not — supply sufficient fractional currency to keep markets functioning.

Richard Blankenstein was a local Waldenburg printer, not a specialist security firm, which is worth noting when examining ink registration and paper consistency across surviving examples. These were utility items, produced fast and cheap.

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