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| 正面描述 | Blue and ochre Notgeld note with a decorative black outer border enclosing an ornate blue frame with gilt interlaced corner ornaments and lateral guilloche bands. The municipal coat of arms of Oschersleben is placed at the top centre between the legend "Stadt-Geld", with the denomination numeral "50" repeated in each corner. A central cloud-shaped cartouche carries the large Gothic-script value inscription "Fünfzig Pfennig" alongside the redemption clause text and two manuscript signatures above the date "Den 18. Mai 1920" and the attribution "Der Magistrat". The issuer name "Oschersleben (Bode)" appears in bold Gothic lettering across the lower margin, with the printer's imprint below. |
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| 背面铭文 | FÜNFZIG 50 PFENNIG Stadt Oschersleben a.d. Bode Marktplatz mit Kirche FÜNFZIG 50 PFENNIG |
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Oschersleben's 1920 Notgeld issue was one of hundreds produced by German municipalities scrambling to fill the small-denomination coin shortage that persisted well after the Armistice. The Reichsbank had effectively abandoned fractional coinage during the war, and by 1920 towns were still printing their own stopgaps. Walter Eichel was a local printing house — not a specialist banknote printer — which is exactly the kind of firm that handled most municipal Notgeld, working from modest equipment with whatever stock paper was available.
Oschersleben issues from this period are not especially scarce, but the Eichel imprint confirms purely local production, which occasionally means inconsistent ink coverage across the run.