50 Pfennig

Trebnitz — now Trzebnica in southwestern Poland — was among hundreds of German municipalities that issued notgeld during the postwar coin shortage. The Grass, Barth & Comp. imprint, operating under the W. Friedrich trade name in Breslau, handled an enormous volume of small-town emergency issues across Silesia in this period; their output was prolific enough that their production quality was uneven, and close inspection of the printing registration on these small-format pieces often reveals it.

Trebnitz sits in the heart of Lower Silesia, a region that would change hands definitively after World War II. These 1920 notes predate that transfer by a quarter century, issued under Weimar-era financial stress rather than political crisis.