50 Pfennig

Silberberg — known today as Srebrna Góra in southwestern Poland — was a small Prussian fortified town whose wartime and postwar shortages prompted the Magistrat to authorize this Notgeld issue in 1920, well into the second wave of German emergency money. By that point the inflationary pressure on small coinage was severe enough that even minor municipalities were printing their own fractional notes to keep local commerce functional.

Three signatures — Janek, Bengner, and Roesler — authenticate the issue, an unusually full signing panel for a 50 Pfennig denomination from a town this size.