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| 背面描述 | A light green patterned underprint is overlaid with red guilloche corner ornaments and a bold black letterpress frame enclosing an oval vignette of the Emmerich Rhine riverfront panorama with sailing vessels, surmounted by a scroll cartouche inscribed 'A. D. EMMERICH 1920' with radiating sunburst lines. Below the panorama, a ribbon scroll frames the municipal coat of arms rendered in red and black, while denomination numerals '50' occupy the upper corners. The printer's imprint 'GEBR. PARCUS, MÜNCHEN' appears at the base. |
| 背面铭文 | A. D. EMMERICH 1920 No. GEBR. PARCUS, MÜNCHEN |
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Emmerich, on the Rhine at the Dutch border, was one of hundreds of German municipalities forced into emergency currency production as the Reichsbank's coin supply collapsed in the postwar period. This 50 Pfennig note is Notgeld in the strictest sense — a stopgap against the vacuum left by hoarded metal coinage, not a speculative collectible issue, which distinguishes it from the decorative Serienscheine that flooded the market slightly later.
Gebrüder Parcus in Munich handled a significant volume of municipal Notgeld contracts across Bavaria and beyond. Their output was competent and consistent, if rarely adventurous.