50 Pfennig

Lübbecke is a small market town in Westphalia, and its municipal authority issued this Notgeld during the acute coin shortage that followed Germany's defeat in the First World War. The Reichsbank's inability to maintain adequate fractional coinage in circulation forced thousands of local issuers — municipalities, savings banks, merchants' associations — to produce their own emergency paper in denominations that silver and nickel had once covered.

The DeNG reference places this within a well-documented series for the Magistrat, with multiple signature and paper variants catalogued. The Ritz and Blase signing combination corresponds to specific local officials whose tenure helps bracket the precise window of issue within 1920.